Word: peakes
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Taking Over. What Pemex took over upon expropriation was no booming industry. From its 1921 peak of 193 million bbl., production had sagged badly as salt water seeped into the major fields and fear of expropriation caused the curtailment of new exploration. In 1938 only 38.5 million bbl. came out of the ground. The jubilation that greeted President Lazaro Cardenas' expropriation decree was hardly borne out by the prospects. Technicians fled. Outraged foreign companies organized a boycott against exported Mexican oil, persuaded equipment suppliers to refuse sales to Pemex. Soon Mexico was buying oil abroad...
...back. The average viewer remains "loyal" to one of the shows only four minutes at a stretch. The discovery makes a mockery of overall ratings for the one-hour variety shows, since the "defeated" program may well have captured more viewers than the "winner" at any one of several peak moments. The other sponsor-sobering conclusion: viewers are not looking at commercials in either case...
...Standard Oil Co. (N.J.), the world's biggest oil company, was close behind. Despite a drop in demand, Chairman Eugene Holman estimated second-quarter earnings at $188 million, somewhat below the first quarter but still enough to push the company's first-half net to an alltime peak of $425 million, some $33 million better than 1956. On a smaller scale, California's Superior Oil Co. did even better, with nine-month (ending May 31) profits of $15.7 million (equal to $37.20 per share), for a 412% jump over the previous year...
...year's low, Revlon to 32 for a 34% gain; while California's Superior Oil jumped 145 points in four days to $1,695. All told, stocks on the Dow-Jones industrial average wound up the week 13.60 points higher at 516.89 for a new 1957 peak and within 5 points of the 521.05 record set last year...
...everywhere competing for more loans than there are funds available, the interest rate on prime loans stood at 4%, while lower-grade risks brought up to 6%. By gradually shifting out of low-paying Government bonds to get more cash to lend, most bankers reported earnings at an alltime peak, in some cases as much as 19% better than last year...