Word: oil
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Dates: during 1950-1959
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...name when natives told Missouri Pacific surveyors, trying to decide where to build a station: "You ken set it hyar or you ken set it thar." Since 1939 he has represented the hill-and-dale Second District, which also boasts such place names as Morning Sun, Evening Shade and Oil Trough. Stocky (5 ft. 8 in., 180 Ibs.), gracious Wilbur Mills has a first-rate fiscal mind, is a Rayburn protege, ranks high on the list of possible future Speakers. But he is in a dangerous political situation: with Arkansas due to lose two Representatives after the 1960 census. Mills...
Some retail prices edged upward in December, among them used cars, fuel oil, fresh vegetables and beef, but the ups were more than balanced by the downs-new cars, gasoline, fresh fruits, pork, eggs, movie admissions, women's clothing. Net result, as reported last week by the Federal Bureau of Labor Statistics: after creeping up to the alltime peak last November, consumer prices slipped downward a little in December to pare the BLS consumer price index two-tenths of a point, to 123.7 (the 1947-49 average: 100). Price forecast for 1959, as most economists see it: renewed upcreep...
...police quickly rounded up 350 Communist and Peronista labor leaders. Frondizi calmly boarded a DC-6 to keep his date in the U.S. By the time he arrived in Charleston, S.C., Argentina was at a standstill, except for troop-guarded public-utility plants, and the nation's oil workers had been drafted into the army...
...WAGE BOOST will go to some 500,000 of oil industry's workers and salaried employees. Hike lifts average hourly pay of refinery workers from...
...OIL TAX in Venezuela, splitting profits 60-40 instead of previous 50-50, has already begun to pinch U.S. companies. Creole Petroleum Corp. reported that earnings dipped from $397 million in 1957 to estimated $239 million...