Word: quarterly
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Dates: during 1940-1949
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From the Truman Democrats' side, the argument was that hardly any of the budget items really could be touched. The biggest outlay, a total of $32 billion, Harry Truman said, was for wars, past and future. The U.S., already in the red a quarter of a trillion dollars, would plunge anywhere from $3 billion to $8 billion deeper in the red by the end of this fiscal year...
Total catch of oysters this year is estimated at 11,500,000, or only one-quarter oyster for every man, woman & child in Great Britain. There is a shortage, blamed on the weather and U.S. invaders. The big freeze in 1947 damaged the beds in the heart of the oyster country at Burnham-on-Crouch, Essex. Senior Naturalist Knight Jones of the Ministry of Agriculture and Fisheries reported ruefully: "Mortality was 90% in the Crouch." The U.S. invaders were two snail-like creatures Railed the American slipper limpet and the American whelk tingle, which bore through the shells...
Other winners of the week: ¶ At Chicago's Washington Park, Calumet Farm's Ponder, with Jockey Steve Brooks up, sizzled a mile and a quarter in 2:oo|-a new track record. The $66,150 he won made Ponder the turf's leading 'moneywinner of the year ($267,525). ¶ At Chicago's Comiskey Park, Red Sox Left-Hander Mel Parnell hurled his team to a victory over the White Sox, 11-4, became the first major-league pitcher to win 20 games this year...
Kaiser-Frazer Corp. stockholders had one consolation: nothing had been kept from them. When K-F President Edgar F. Kaiser reported a $5.8 million loss for the first quarter, he had predicted further trouble. Last week, K-F reported a second-quarter loss of $2,300,000 (v. $3,900,000 net in the same 1948 period...
...feared it would lose money the third quarter too, so it was pulling in its horns. Last week, besides scheduling a ten-day shutdown to let sales catch up with production, K-F sold two iron and steel plants at Phoenixville, Pa. Buyer: the Barium Steel Corp. Price: more than...