Word: ran
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Dates: during 1950-1959
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Welcome Lightning. While the Democrats hobbled along, William Francis Quinn broke into a steady run. He ran a hot campaign for the territorial senate in 1956, and lost; but he learned enough to see that people liked his Irish charm and Irish tenor. As a member of the Hawaiian statehood commission, Quinn also made a good impression in Washington, where Interior Secretary Fred Seaton put him down on his list as a sure comer...
...Steel doubled its earnings for the half to $2.43 a share, but was outshone by the performance of other reporting companies. Allegheny Ludlum raised its half-year profit 802% to a record $3.20 a share, Jones & Laughlin hiked profits 642% to a record $5.31 a share, and Crucible Steel ran up a new record with earnings of $2.22. Seeking to explain the high steel profits, Jones & Laughlin's President Avery C. Adams pointed out that steel mills in the second quarter operated at 94% of capacity v. 55% for last year's second quarter. But he also noted...
...steel strike has forced layoffs of 50,000 railroadmen (carloadings ran 16% below normal) and 28,000 other workers -miners from West Virginia to Minnesota, sailors and longshoremen on the Great Lakes, teamsters throughout the East and Middle West. The Government is also a victim: a prolonged strike in steel is expected to cause revenue losses of $45 million a week. Said Treasury Secretary Robert Anderson: "A long strike could reduce revenues which could not be recovered in fiscal 1960 and could therefore contribute to a budget deficit...
...General Electric's Hotpoint division last year flowed a series of disturbing reports. Despite an industry-wide pickup, Hotpoint's sales of laundry appliances were slipping to an abnormal low. When the company's officers set out to find the reason for the slump, they ran into a manufacturer's nightmare...
...State's "Math Camp" in Tallahassee, the boys took time for dormitory bridge. One evening David Hackney, 14, of Daytona Beach, after bidding seven spades, laid down his 13 spades. The ensuing uproar was capped when Edward Root, 16, of St. Petersburg, jotted a formula on the blackboard, ran some figures through a table computer, did some paper work and announced that a bridge player could expect such a hand once in 635,013,559,600 deals...