Word: redness
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Dates: during 1950-1959
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...certificate of good conduct. Then he went to the Saudi Arabian consulate for a free visa (before 1951, when Saudi Arabia was not yet oil-rich, the government taxed pilgrims $72 a head). Then Ahmed paid $144 for a round-trip airplane ticket from Beirut to Jidda on the Red Sea, 1,000 miles away...
SOCIAL SECURITY FUND will run $87 million in red for fiscal year, which began July 1. Higher social security taxes, which went into effect last Jan. 1, are expected to boost fund's income over outgo, starting in 1961; fund's $1.5 billion deficit, accumulated over past three years, is scheduled to be repaid...
...last May's loss of $284.321. The Norfolk & Western Railway raised its income in the first five months to $19 million with a $4,500,000 profit in May. One exception: the New Haven Railroad (TIME, June 22), which fell deeper into the red in May with a $517,039 loss, its fifth consecutive monthly loss and $150,000 greater than its loss in recession May 1958. To give the railroads hope for even better earnings, revenue freight car-loadings reached their highest level in 20 months, topped the 1958 period by 15.2%, with 723,738 cars loaded...
...grateful directors of the Hupp Corp. last week voted a $110,000 bonus to Board Chairman John O. Ekblom, 64, on top of his $42,000 salary, for the crack job he did in pulling the company out of the red. To the directors' surprise, Ekblom turned down the bonus, saying that his salary "satisfies my needs and my appetite." He suggested that the money be used for incentive bonuses for Hupp's executives, who need it far more. Said Ekblom: "I want to focus some attention on the country's forgotten man-the corporation executive paid...
Architect-Designer K. I. Rozdestvensky, who designed the Russian pavilion at the 1939 World's Fair and the Russian exhibit in Brussels last summer, has set the tone of the show with a giant, 54-ft. curving aluminum fin: a slice of the universe, crisscrossed with red and yellow traceries of satellites, surrounded by full-scale models of the buglike Sputnik I and the heavy cone that carried the dog Laika into orbit. In the background rise four 48-ft. triangular columns, showing heroic Russians more than twice life-size over legends such as: THERE IS NO ILLITERACY...