Word: slump
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Dates: during 1940-1949
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...with 18 points, at one forward, and George Dillon, whose hook shots ought to find the range some night soon, at the other. Bunks Burditt will see what he can do about shackling the formidable Olsen at center, at the same time trying to break out of his recent slump, a falling off which has proven costly...
Away with Codfish. Lowell-who preferred being called "Mr." rather than "President"-began at once to remodel Eliot's Harvard. Eliot had built up a distinguished faculty but had let the undergraduate college slump. Under Eliot's famous system of free electives, many Harvard undergraduates chose snap courses, thought any grade higher than C ungentlemanly. Snorted Lowell: "The B.S. degree is a certificate not of a man's mastery of science but of his ignorance of Latin...
...orders for more than a century, changed its policy only after the U.S. got into World War I. Then it was too late - the company finished the world's largest rolling mill (206 in. wide; cost $5,000,000) just in time for the Armistice and a terrible slump in steel orders...
Down was Cessna which tripled sales to a record $37,589,000 while profits flopped 60% to $738,000. Big reason for the slump: last year Cessna feasted on fat foreign orders (at 10-20% profit margins); this year it rationed along on U.S. Government contracts (2% margins). Besides this Cessna set aside $5,302,000 for Federal taxes, $4,800,000 for price refunds to the Government, and $1,254,000 for "policy adjustments and conversion from war to peace," when Cessna hopes to build "the family...
Died. Arthur ("Artie") McGovern, 54, famed body builder to Broadway and Wall Street; after a long illness; in Manhattan. A onetime flyweight fighter, he did fairly well as a gym instructor till 1925, then shot to fame by reconditioning Babe Ruth, who came out of a slump of 25 home runs to knock out 47 next season, 60 the next. McGovern opened a second gym, largest of its kind in the world, specialized in "pushing the big shots out of bed," got $200 a month per customer for an hour's exercise a day (chiefly in a reclining position...