Word: pers
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Dates: during 1950-1959
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...they immediately set off a new duel between management and labor, brought widespread suggestions that the industry consider a cut in steel prices to share its profit performance with the consumer. The companies reported total net income up 140% over the first half of recession 1958, while average earnings per share of the eleven rose...
Broken Records. U.S. Steel Chairman Roger M. Blough, who has led the industry's fight against higher wages for steelworkers, reported that Big Steel's profits reached record levels of $2.64 per share in the second quarter v. $1.25 in the same quarter last year, raising half-year earnings 96% to yet another record: $4.50 per share for the half-year v. $2.29 last year. Steel sales for the quarter rose to a record $1.4 billion, hiking first-half sales $1.1 billion above last year to a record $2.5 billion...
...life is just as plain. A man who cannot keep from.working with his hands, he rebuilt a loo-year-old farmhouse from a tumbledown wreck, sanded his own floors, put in plumbing and electricity. On his 80 acres he raises cattle (56 beefy Herefords) and corn (yield: no bu. per acre), enjoys gardening (from Bibb lettuce to small yews) and finishing furniture in his home workshop ("It's the scabbiest workshop you've ever seen...
...with the rest of the market?" The answer came last week, as surging oil-company earnings reports gave oil shares their sharpest rise since the easing of the Suez crisis in December 1956. Standard Oil Co. (NJ.) rose 3$ points to 54⅛ as it reported earnings of $1.47 per share, v. $1.22 in the first half last year. Gulf Oil Corp. stock added 6| points during the week to close at 116⅛, after reporting first-half earnings of $4.38 per share, v. $3.57 last year...
...earnings rise came from a strong demand for oil products that exceeded earlier industry forecasts. With record six-month sales of $621 million, Sinclair Oil Corp. boosted profits to $1.76 per share, v. $1.45 in the first half last year. Second-half prospects, noted Sinclair Chairman P. C. Spencer, are even brighter. Said he: "In July gasoline prices began to strengthen appreciably, and if this trend can be maintained, it is reasonable to expect that the remainder of 1959 should continue to show improvement...