Word: recording
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Dates: during 1950-1959
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Running for Governor of Alabama last year, hard-jawed young (37) John Patterson could match racist slogans with the best of his opponents-and he had a record of action to back up his stump talk. As Alabama's attorney general, Patterson had helped get the N.A.A.C.P. banned from the state, taken legal action against a Tuskegee Negro boycott of downtown stores and against Montgomery Negroes when they boycotted city buses. On that basis, Patterson was elected Governor. But by last week, John Patterson had discovered to his embarrassment that the irresponsible promise held out during a campaign...
...that would have barred airlines from grounding stewardesses when they got married. The legislature at Baton Rouge last week just as abruptly answered the Governor's call: it adjourned 20 minutes after it had convened-the shortest session in Louisiana history, and quite possibly a world's record...
...million population are clustered along the island's western coastal plains, in the shadow of mountain ranges from which streams fall precipitously and fan out through dike-guarded channels. The rains started first in the north. Later, in the central part of the island, a record 40 inches of rain fell onto the rocky hills, then raced down in torrents that carried tumbling rocks the size of pumpkins along with them to batter dikes on the plain below. Changhua, a city of 70,000 people, was inundated. At one village near by, 15 people, marooned on a knoll, saved...
Wall Street's bull showed more concern last week over the coming exchange of visits between President Eisenhower and Premier Khrushchev (see NATIONAL AFFAIRS) than joy in the continued outpouring of record earnings. Some investors in companies with big defense contracts, or in the missile-and space-based electronics industry, dumped their stocks. They felt that any warming in the cold war might bring a cutback in defense orders, even though most Wall Streeters believe that an end to the cold war would be bullish, since it would open the way for a cut in the U.S. budget...
Even stocks of electronics makers who sell chiefly to consumers sold off easily. Zenith Radio Corp. established a first-half record with earnings of $1.66 per share v. $1.01 last year, but lost 14⅛ points during the week. Philco Corp. came back from a $1,400,000 loss in the first half last year to earn 54? per share for the first six months of 1959, was off 2⅞ for the week. Motorola, which set a second-half record with $3.04 per share v. 76? last year, dipped seven points...