Word: nine-month
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When he started on the nine-month filming project that took him from Belle Glade, Fla. to Chenango County, N.Y., Lowe found that "at first, the workers were embarrassed. Then one man spoke up: 'Are you with us or against us?' I said, 'I'm with you,' and they let us take their pictures." The pictures he got included that of an unbowed 29-year-old Negro woman, a migrant laborer since she was eight, now the mother of 14 children but still working for $1 per ten-hour day. She was one of several...
...From the beleaguered oil industry, long plagued by surpluses and price cutting, the news was good across the board. Jersey Standard had indicated third-quarter earnings of 86? per share, up from 75?, boosting its nine-month profits to $2.31 per share from $2.22. Gulf Oil third-quarter profits were 79? per share, up from 72?; Sun Oil, $1.20, up from 87?; Texaco, $1.68, up from $1.63; Tidewater, 85?, up from...
Bethlehem earned 24? per share, down from 62? in the second quarter, bringing nine-month earnings to $1.96 per share v. $1.75 per share last year. Bethlehem Chairman A. B. Homer assured shareholders that by year's end, earnings will be enough to cover the $2.40 per share annual dividends. Inland earned 28? against 82? in the second quarter, putting nine-month earnings at $2.17 per share compared with...
Railroads. Eastern railroads had no cheer at all to offer stockholders. The Pennsylvania, taking a double blow from sagging steel shipments and a 12-day strike, lost $4.5 million in September for a nine-month deficit of $9.4 million v. $449,000 last year. Chairman James Symes held out no hope that the road could finish the year in the black. The rattling New Haven lost $1.8 million in September, running its nine-month losses to $11.4 million. The New York Central lost $2.7 million in September, putting it $2.5 million in the red for the first nine months...
Autos. For the first time since 1957 Chrysler Corp. managed to make a third-quarter profit due to the sales of the compact Valiant and the Dodge Dart. While only $1.4 million, it compared with a loss of $34.2 million last year. Nine-month earnings were also ahead, $2.84 per share this year v. $2.73 last year. On the other hand, earnings of General Motors, hit by high tooling costs for its new compact cars, dropped 34% in the third quarter from 47^ per share to 30^ on a 5% sales increase. Nine-months earnings also ran behind a year...