Word: recordation
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Dates: during 1940-1949
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...mile Memorial Day race were powered by eight-cylinder engines. But the engineering specialists who design racing autos reasoned that with fewer moving parts, fewer things could go wrong with an engine. Last week, the twelve cars that finished the furious grind at Indianapolis-at speeds up to a record-breaking 121 m.p.h.-were all four-cylinder jobs...
...jockey. His pit technique is unbeatable. During Holland's one pit stop last week, two front tires were changed and 15 gallons of fuel blown into the tank from pressurized drums in 52 seconds. That was good enough, but it did not equal Moore's own record of 49 seconds for a major pit stop of a winning car, established eight years...
Last week, after a nationwide survey of 1,776 companies, Manhattan's hardheaded Dun & Bradstreet, Inc. predicted that all U.S. sales for the second half of 1949 will show an average decline of only 3.3% under 1948's record total. The group surveyed did not expect more than a drop of 3.6% in profits on the average-ranging from 5.1% for the durable goods companies and 4.2% for the wholesalers, to 3.6% for the retailers and only 2.5% for the non-durables...
...face of this optimism, some Wall Streeters wondered if the market might not have oversold its pessimism. Investors had not paid much attention to record profits in the last two years, because a large percentage of the profit went for company expansion instead of dividends. Now, as expansion programs were completed, more & more companies were boosting their dividends. And rising dividends, as Barren's financial weekly pointed out, "are hardly the hallmark of a deep depression...
...record number of alumni crowded the Business School Saturday for the nineteenth annual conference of the Harvard Business School Alumni Association...