Word: net
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Dates: during 1950-1959
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...days at New Orleans. Next week he is throwing a big party at Kansas City's Muehlebach Hotel, to which 200 of the area's best names have been invited. His classmates, many of them combat veterans, are given to wisecracks about the security net and Ramfis' exalted rank (even though he has temporarily downgraded himself to full colonel while at the staff college). Ramfis' Leavenworth neighbors, a quiet, upper-middle-class group, are jittery over the constant patrolling. "They even flash spotlights into my date's car," lamented a 17-year...
Hans Keller is a London music critic whose aim is to stop most talk about music. This apparently self-destructive ambition is prompted by Keller's belief that emotions slip through the loom of language like herring through a cargo net. Keller's solution: analysis by music instead of by words. His criticism of Mozart's String Quartet in D Minor (K. 421) broadcast last week from Hamburg, convincingly demonstrated that a few snatches of music, pointedly juxtaposed, can make a sharper comment on a composition than a column of critical prose...
...down from the record quarter a year ago when it was still making up for strike losses in output. U.S. Steel, while running up record profits for the year, noted a fourth-quarter drop in earnings to $1.56 per share from $1.83 the year before. Republic Steel's net fell in the last quarter to 77? a share from $2.22 a year earlier, though the company turned its best earnings year since 1955. On the other hand, Bethlehem Steel rang up record yearly earnings, partly on the strength of an increase in fourth-quarter earnings over the third quarter...
Down & Up. Other industries presented an equally mixed picture. Copper was hard hit (see Industry). Southern Pacific Railway nudged its net up for the year with the help of a fourth-quarter rise in the oil industry, a 32% cut in Jersey Standard's fourth-quarter net (to 71?, v. $1.04 a year earlier) gave the world's biggest oil company its first yearly earnings dip in five years. Healthy fourth-quarter gains were run up by International Business Machines ($2.17, v. $1.86 in 1956), which had a record profit year, and Westinghouse Electric Corp. ($1.11, excluding...
...while the buying has been spectacular, earnings have been moderate; 1957 will show a net of $1.5 million on a gross of $45 million, and U.S. oilmen are watching the bumptious newcomer with some skepticism. But confident Harry Jackson, a veteran of 34 years with Tidewater and manager of its Eastern division when Petrofina hired him in 1956, plans to continue expanding...