Word: one-twelfth
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...total bomb load, estimated at 195 tons, was less than half of that dropped in the worst raids of the blitz, less than one-twelfth of a first-class R.A.F. delivery on Berlin. Even so, it was enough to send several hundred people to their graves...
...shipyards boosted deliveries to a walloping 731,900 deadweight tons in June, five times what they were a year ago and 15% above the 632,000-ton May record. This was the first time U.S. shipbuilders had ever passed one-twelfth of this year's 8,000,000-ton goal...
Rates will run up to half as high as fire insurance, about one-twelfth as high as war-damage insurance in much-bombed England. Presumably, therefore, Jesse thinks the likelihood of bombing in this country is about one-twelfth as strong as the likelihood of bombing in Britain. Either that or the Government is about to make a cleanup in insurance...
Faced with profit and dividend cuts like these, many investors dumped stocks overboard as soon as they read Morgenthau's tax bill. Result: the Dow-Jones industrial average plopped 4½ points to 102.1, lowest since March 1938; utility shares hit 12, lowest ever and only one-twelfth of 1929-5 145 peak. Railroad shares fell over a point, despite the 3-to-6% freight-rate increase they had been allowed on Monday (but rail stocks, at 26.3, were still 2 points above last year's low). New York Stock Exchange seats dropped too-one sold...
...first Big Bertha -whose parts, weighing 2,367,000 pounds, took 38 freight cars to carry them - will start in midsummer, will produce 108,000 kilowatts. When it and others like it are all turning, they will be able to pour into transmission lines 2,700,000 h.p. - about one-twelfth of all the power now produced in the nation...