Word: old
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Dates: during 1950-1959
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...beached from competition by his doctors. Yet last summer he stubbornly took the tiller of the 12-meter Columbia and, under tremendous pressure, skippered her at the start of light races in the final trials that led to her successful defense of the America's Cup with his old friend and onetime rival, Briggs Cunningham, at the helm...
Victorian Creed. Thomson's entry into the big time marked the retirement of one of the grand old peers of British journalism-James Berry, Viscount Kemsley, 75, who, with his brother William (later Viscount Camrose), came out of Merthyr Tydfil, Wales, at the turn of the century, launched Advertising World in 1901, began building a chain that eventually reached a maximum circulation of 24 million (1947). Once called "the greatest debenture salesman in British journalism," Kemsley nevertheless paid close attention to editorial matters, followed a Victorian creed: "I have no intention of competing for circulation by appealing...
...surprise, the first wave of midyear earnings last week showed that 1959's upsurge in profits, so striking in the first quarter, had picked up even greater momentum in the second. From companies across the broad spectrum of U.S. industry-most of them old-line firms showing new vitality-came the heartiest figures to grace many a balance book in years. Items...
...LORILLARD. First-half earnings rose to $2.02 a share, up 15% from last year. The performance, said Chairman Lewis Gruber, was due to a $19 million rise (to $240 million) in sales of Kents, Old Golds and Newports...
...jets cruise at 550 m.p.h., but the queues of passengers at airport ticket counters still creep at the old snail's pace. To bring ticketing up to jet-age standards, Denver's Continental Air Lines last month began selling tickets aloft instead of at airports on its Boeing 707 flights between Chicago and Los Angeles. Continental's competitors at first scoffed that the commuterlike service would produce only confusion, but last week they banked steeply onto Continental's course. The innovation proved so successful in eliminating nagging airport waits (it also helped boost Continental...