Word: record
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Dates: during 1950-1959
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...first public one-man show, Painter Winston Churchill last week scored a smash hit. On the day the show opened in Kansas City, Mo., 5,427 people* crowded into the Nelson Gallery of Art, setting a new one-day record. By the time the Kansas City showing closes this week, some 20,000 will have seen Sir Winston's impressionist-style canvases, ranging from a wartime scene of Flanders' "Plug Street" (Ploegsteert, Belgium, as translated by World War I Tommies), painted in 1916, down to last year's landscape of the French Riviera seen from Villa...
...quarter of the dip. The trend in most cases was downward, but like the economy itself, the reports added up to a mixture of good and bad. Even in cases where fourth-quarter earnings fell, the fall was often not great enough to prevent the company from totting up record earnings for the year...
...hard-hit steel industry, operating at only 55-4% of capacity, was down from the record quarter a year ago when it was still making up for strike losses in output. U.S. Steel, while running up record profits for the year, noted a fourth-quarter drop in earnings to $1.56 per share from $1.83 the year before. Republic Steel's net fell in the last quarter to 77? a share from $2.22 a year earlier, though the company turned its best earnings year since 1955. On the other hand, Bethlehem Steel rang up record yearly earnings, partly...
...Jersey Standard's fourth-quarter net (to 71?, v. $1.04 a year earlier) gave the world's biggest oil company its first yearly earnings dip in five years. Healthy fourth-quarter gains were run up by International Business Machines ($2.17, v. $1.86 in 1956), which had a record profit year, and Westinghouse Electric Corp. ($1.11, excluding a special tax refund, v. $1.07). Though the earnings trend was down, such surprisingly strong showings in the face of the business slump gave hope to investors that in 1958's first quarter, many companies may feel the recession less than...
...Principal reason for the drop: a price slide that Kennecott's President Charles R. Cox called a "debacle." Three weeks ago Kennecott set the pace for domestic producers by dropping its price from 27? to 25? per lb., lowest in five years and down 46% from the record 46.7?^ in March 1956. On the London Metal Exchange, where world prices are set and fluctuate with daily sales, copper closed the week at 20.4? per lb., 4.6? below the U.S. market...