Word: pump
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Dates: during 1950-1959
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...Shot of Pizazz. Sinatra's telegram was transparently timed to pump a little publicity pizazz into the weary, long-running argument between 33 members of the American Society of Composers, Authors and Publishers (ASCAP) and the organization known as Broadcast Music, Inc. (BMI). For a generation, ASCAP has been collecting flat, annual fees from broadcasting stations for broadcast performances of its members' works. In 1939, some 250 pinched broadcasters, including all the major networks, formed a rival organization, BMI, and the two have been skirmishing ever since. The point currently at issue: Does the broadcasters' control...
...Italy's ENI. From any profits, the Iranian government will skim a 50% royalty off the top; then the remaining 50% will be divided equally between ENI and NIOC. In addition, ENI will ante up NIOC's initial contribution to the joint company on a "loan" basis, pump another $22,250,000 into the venture over the next twelve years...
...Best Ever. It is doubtful that the new Althea will ever again be in the same kind of emotional pressure cabin. In Chicago last month, when she turned up for the national Clay Courts championship, hotels in stuffy Oak Park would not rent her a room; the swank Pump Room of the Ambassador East Hotel refused reservations for a luncheon in her honor. Officials and newsmen burned with rage, but Althea hardly noticed it. "I tried to feel responsibilities to Negroes, but that was a burden on my shoulders," says she. "If I did this or that, would they like...
...week Northrop Aircraft, Inc. recorded the results of seven years of experimentation with "low drag boundary layer control." After elaborate tests with models in wind tunnels, Northrop engineers fitted the wing "of an F94 jet fighter with a "glove" containing twelve slots running lengthwise along the wing. A suction pump driven from the main engine pulled air into the slots and pushed it out astern with the rest of the jet's gases, adding a little to the thrust. The reduction of drag was extraordinary, even when the power consumed by the pump was added as drag. A more...
...Pumps & Profits. Years ago, a marina could be built for a few thousand dollars: a wooden-piling dock, a gas pump, a shack to sell beer and bait. Today's marina may cost as much as $10 million or more for a layout as complete as any inland shopping center. Run properly, with low dockage rates (anywhere from ½?to 6? per foot per day depending on season) and efficient service, it can produce a handsome profit for any businessman. Says one East Coast marinaman: "With good management, you can conservatively make a 20% return on your investment each...