Word: nationalizing
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Dates: during 1950-1959
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Penn State's Ed Moran should dominate the mile, since he has run 4:02.1 to lead the nation's collegians in this event. The Crimson's Jed Fitzgerald could place, however, Moran, with a 1:49.6 to his credit, and teammate Chick Kink, who has done 1:49.8, should finish...
Wall Street's golden bull added still more muscle last week. Shrugging off a nip at margin accounts by the Federal Reserve (see below), the U.S. investor drove the market to still another historic high. Led by some of the nation's biggest corporations, stocks on the Dow-Jones industrial average rose to 637.04 at midweek. By the final gong at week's end, profit taking had clipped only 2.51 points from the mark to put the weekly gain at 13.17 points...
Republic Steel Corp., the nation's third largest steelmaker, announced that it will spend $375 million on a major improvement program over the next four years. The first project will be a $45 million hot strip mill, with a capacity for 145,000 tons per month, to be added at Republic's Warren, Ohio plant. To dispel any doubts about overcapacity, Republic's Chairman Charles M. White told stockholders that he foresees the possibility of total steel industry output in 1960 exceeding 1955's record of 117,036,085 tons. Republic, which has boosted...
...making, man-eating industry began in 1859 when Edwin L. Drake, a sickly, bearded failure of a man in a stovepipe hat, brought in the nation's first commercial oil well near Titusville, Pa. Though Discoverer Drake wound up virtually penniless and forgotten, his find opened the scramble for oil across the land...
Just last Wednesday, the President bestowed on Dulles the nation's highest award to civilians, the Medal of Freedom. Only 13 persons have received this award since it was created in 1946. Dulles was too ill for Eisenhower to present the medal in person...