Word: net
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Dates: during 1940-1949
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...Bush details the changes in warfare since World War II, and those we can reasonably expect in the future. He describes how light, mobile, powerful weapons such as recoilless guns have swung the advantage in land warfare back to the defense; how the co-ordination of radar net, jet-aircraft, and guided missile should make things very tough for the high-altitude bomber; bow rockets and fast submarines will be advanced enough to chop up conventional naval vessels at long range. Bush tends to describe war as crystallizing into a stable pattern-he states that a future war will bring...
Power Hitter. The tight-lipped brothers are masters of a tightly run empire with an estimated net worth in excess of $65 million. Its citadel is the sprawling Western Cartridge Co. at East Alton, Ill., on the Mississippi bluffs just north of St. Louis. This huge plant grew out of a blasting-powder business which their father, Franklin, founded...
...looked. It was solidly shored up by 1) the whopping third-quarter profits of many a corporation, and 2) an increasing tendency to pass some of these profits along to stockholders in the form of bigger dividends. Chrysler, for example, which had turned in a third-quarter net of $45.4 million v. $24.1 million in the 1948 period, raised its $1.25 quarterly dividend to $1.50. The stock went up 2⅛ points in the next day's trading, to a new 1949 high...
...full cry, the race was to the swift, but not necessarily to the biggest. Some giants were holding their own; e.g., Procter & Gamble. Under its hard-selling new president, Neil McElroy, who worked up through P. & G. advertising to the presidency last October, the company boosted its net from $13.2 million to $19.7 million (a gain of nearly 50% for the Sept. 30 quarter). International Business Machines' Thomas J. Watson turned in a $24.7 million net for the nine months, up 16%, while most of his rivals felt declines. But many other giants were being nipped by faster-moving...
General Electric Co.'s net of $21,060,037 was off about 28%. But second-place Westinghouse had turned in $20.5 million, a 109% gain that pushed it nearly abreast of its giant rival. Westinghouse's President Gwilym Price gratefully added 40? to the usual 25? quarterly dividend and Westinghouse stock joined the big group* of those who boosted dividends and made new highs on the big board...