Word: one-tenth
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...great fountainhead of arbitration is the nonprofit American Arbitration Association, founded 30 years ago with the help of Charles Evans Hughes, Herbert Hoover and Banker Felix Warburg. With a $500.000 budget, mostly contributed by large corporations, plus modest fees ($25 per day in labor cases, from one-tenth of 1% to 1.5% of the disputed amount in commercial cases), dedicated A.A.A.ers handle about 2,500 disputes a year, 80% of them labor cases, boast that never has an aggrieved party walked out of the hearing room...
...exchange. Since 1951, a succession of booms in industrial stocks, base metals, oil and uranium has turned Toronto into a speculator's mecca-and a broker's madhouse. Though the Toronto Exchange has less than half as much floor space (9,000 sq. ft.) and fewer than one-tenth as many members (109) as the giant New York Stock Exchange, 67% more shares were traded there in 1955 than on New York's Big Board. Many days the ticker trailed the trading by as much as ten minutes (record: 45 minutes); many nights brokers' staffs worked...
...Saturday's meet with Yale, Wharton captured both the 440 and the 220. He also ran the anchor leg of the mile relay in a losing cause. During the past season, he was timed at 0:47.9, one-tenth of a second faster than the University quarter-mile record, but because he did not win the race, the record did not count. It is expected that he will break the University record of 0:48.0 some time next year...
Since it will not have to worry about fuel conservation, the nuclear task force will be able to sustain a speed of better than 30 knots over long ranges. With one-tenth as many ships as World War II's massed armadas, it will have infinitely more firepower. Forged into a unit by its communications system and far-ranging missilry, it could disperse itself over an ocean area the size of Indiana, so that even if its shield were pierced, not more than one of its ships could be knocked out by any one existing weapon. As the admirals...
...entries in the tenth National Print Annual, also put on view 85 prizewinners of the past ten years. Both shows highlight another big factor in the current print boom: because artists can run off several copies from a single plate, prices ($10 to $100) are about one-tenth the price of a painting by the same artist...