Word: recording
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Dates: during 1950-1959
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...Pole Vaulter Bob Gutowski, world record holder outdoors, vaulted 15ft. but could finish no better than fifth. The winner: Tarzan-like Don Bragg, 24, who tied three challengers at 15 ft. 3½ in., but got first place on the basis of fewer misses...
...major buttresses of a healthy and growing economy-industrial production and personal income-last week set new records. The Federal Reserve Board reported that U.S. industrial production in May climbed to a record high of 152% of the 1947-49 average, two points above the month before, and six points above the pre-recession high. In the nation's mines, mills and factories, broad production gains were chalked up in farm machinery, trucks and autos, building materials, metals, clothing, textiles, chemicals and paper. Auto production in U.S. plants was up 3.6% over the week before to 131,584 cars...
...Commerce Department reported that personal income rose to a record annual rate of $376.2 billion in May, $3 billion above the month before. The Labor Department added that spendable earnings (income after federal taxes) also reached a record in May of $81.03 a week for a factory worker with three dependents. The department also reported a May rise of 0.1% in the consumer price index to a record 124% of the 1947-49 price average. But Bureau Price Chief H. E. Riley said that the change was an expected seasonal rise that has taken place every year but one since...
...York apparel makers it was the best fall fashion preview in years. Not only did a record number of out-of-town buyers show up, but their orders were 10% to 20% ahead of last year. What won over the buyers, said Felix Lilienthal Jr. of Felix Lilienthal & Co., Inc., big independent resident buying house (150 accounts, $800 million a year in purchases), was the eminent "wearability, salability and promotability" of this year's fashions. Whatever her age or shape, the customer this year will find clothes that fit and become her. Said Lilienthal: "The new fashions will...
When it comes to steel industry profits, a key point in the argument, management and labor find it even harder to agree on the facts. Last week the Government announced that the steel industry's near-record first-quarter profits of $374 million after taxes represented 11.7% of stockholders' equity, higher than in U.S. manufacturing as a whole (10% of equity); second-quarter earnings are expected to be even rosier. But the Government's report also pointed out that over the last ten years steel has not done as well as other industries, and steel companies complain...