Word: outfooting
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...chanted a couple of notes higher than the odd. There is no trace of strain. He can keep the bidding on this early American cherry oxbow chest spinning in the air all morning. Withington is 68, merely mellow for the antiques dodge, a country dance in which the old outfoot the young because they have had time to learn a trade whose secret is endless learning. And to be sure, an intuitive understanding of acquisitive lust so sweet and sharp that fluted quarter columns and a graceful star inlay can cause the heart to go pit-a-pat and sweat...
Smiling Faces. The oil industry's increase in production since Korea has been big enough to outfoot taxes. Of 16 reporting companies, only two showed a decline from 1950. The $249 million net of Standard Oil Co. (N.J.) was up nearly 60% over last year's first half. Socony-Vacuum's net rose percentagewise even more (to $76 million); Shell boosted its profit from $39 million to $46 million...
...short, many a company found that, with taxes lightened, it could outfoot rising costs. And in the booming market, it could sell all it could make, do better than it had hoped. For those who had been struck into the red, this was a cheering note. Before the year is ended, they too might make up what was lost at the start...
Many consumer-goods industries also saw profits shrink from last year. Textile-company earnings were down 12%; food companies, unable to outfoot rising costs, were down 5%. General Foods reported a slightly lower net on record sales of $209 million. Their $28 million increase in sales was just matched by a $28 million increase in the cost of sales...
...ability of refiners to outfoot sky-high taxes and rising costs that tripped up many another industry was due to one simple fact: they squeezed out additional capacity with but little additional manpower or equipment. Thus, they increased earnings proportionately with volume. The trend of U.S. industry, on the whole, has been just the opposite...