Word: quarter
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Dates: during 1940-1949
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...Bull Lea, sire of both Citation & Coaltown, Calumet Farm has the most valuable stud in horsedom today. The waiting list of those who would like to breed their mares to him, at a fee of $5,000, stretches clear to the Quarter Pole...
...hard-working farm manager, Paul ("Dutch") Ebelhardt, like horses to get used to human hands early. After that, the Calumet education proceeds with the greatest caution and care. Yearlings, for instance, are legged-up three months before being called on for speed over the farm's three-quarter-mile training track...
Pert, nut-brown Coaltown is the speed horse. He naturally bounces along at top speed unless he is restrained. Because of his terrific speed, cautious Ben Jones insists that Coaltown wear a quarter-inch pad of piano felt between hoof and shoe?just in case his feet start stinging. Coaltown, who has more crowd-appeal than Citation, at Florida's Hialeah Park last winter equaled the world record for a mile-and-an-eighth (1 :47 3/5). Then at Gulfstream Park, under a tight hold, he equaled the mile-and-a-quarter record...
Many manufacturers were still answering the sales slump with layoffs and production cuts. Last week, the Department of Commerce reported that first-quarter output of goods and services in the U.S. was at an annual rate of $256 billion, off $9 billion from the final quarter of 1948 in the sharpest drop since the war. Still, the pace was $1 billion ahead of the average for 1948, biggest year on record. The Bureau of Labor Statistics reported that manufacturing employment fell by 330,000 between mid-March and mid-April. But seasonal increases in trade and construction offset the loss...
...Herberger hustle nor the magic of the Du Pont name could get the oldtime profits out of the 62-year-old company. Instead, Butler Bros, lost $4.3 million before tax carrybacks in 1947, squeezed out a small profit last year, but dropped $287,632 in 1949's first quarter. Its stock fell fcom 15 to 7 in two years...