Word: rising
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Dates: during 1940-1949
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...prepared for the great act - now only seven months away - of choosing its next President, it became apparent, notwithstanding such beliefs, that U. S. citizens have no dearth of potential Presidents to choose from. Whoever is elected President next November 11, the heavens will not fall, the sun will rise, the nation will very probably not go to the dogs. All this is comforting to many a plain citizen getting ready to witness the hottest political campaign in years...
...businessmen it was plain that Steel, bellwether of U. S. industry, was not gaily charging around among the flock in approved spring fashion. Steel operations had had no "normal spring rise." While production stayed around 60% of capacity, the level of new buying was around 45%, below Big Steel's 55% break-even rate. A whacking slice of production, percentagewise, was still going into already bulky inventory. The story of the situation was written in the price of steel scrap, down to $16.50 a ton (the pre-war level). Worst of all: after a good fall, Steel...
...dividend, Chairman Stettinius released Big Steel's annual report. It revealed simply and graphically more facts and figures than ever before. One striking figure: the Corporation's total sales of "goods and services" ($857,100,000) amounted to $3,829 per employe. Another: 1939's 43% rise in gross revenues, at an average of 60.7% of capacity, left Big Steel, after $25,219,677 in preferred dividends, a net of $15,900,257-less than half the deficit piled up in 1938 (with operations...
...better in detail than in structure. Authors Thompson & Raymond never develop their reference to a fact which would seem highly relevant to the present hullabaloo in Brooklyn: "The reduction of Tammany to the status of a borough organization in Manhattan, the borough of diminishing population, and . . . the rise of other and stronger bosses in Brooklyn and The Bronx. . . ." Their mobsters generally remain two-dimensional. One who comes terribly to life, however, is slug-faced Arthur Flegenheimer, who as "Dutch Schultz" went from beer-running to the numbers racket and in his heyday treated Tammany Boss James J. Hines...
Last week there were indications in Washington that Pat Hurley, greyer but still stiffly handsome at 57, was about to rise and argue the point. Reporters prowling about Washington's Shoreham Building, which Mr. Hurley owns and uses to house his rich law practice, discovered that: 1) one of the seven Hurley law partners spends his time answering (encouragingly) letter-writers who think the Republicans this year need more color and less pussyfooting; 2) at least one State's Republican boss had already offered his delegation to Hurley; 3) Hurley biography brochures were getting wide distribution...