Word: smithing
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Dates: during 1950-1959
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Commodity prices also rose during the week (the Dow-Jones spot index was up 2.40 points to 160.08, futures up 2.03 to 154.55) on the belief that Congress will boost support prices, causing an increase in overall agricultural prices. But, said Merrill Lynch, Pierce, Fenner & Smith's Commodity Expert Harry B. Anderson: "Last week's rise in commodity indices is only flash-in-the-pan buying. With most grains and raw materials in oversupply, inflationary pressures are not very realistic and will be difficult to sustain...
...airlines the jet age has already dawned over the Atlantic with the start of Pan American World Airways' service to Paris.* But for countless Americans, it will not arrive until American Airlines President Cyrus Rowlett Smith, 59, a tough, hardworking boss who has built his line into the nation's biggest, sends an American jet winging off on the first transcontinental jet flight, two months hence...
Monk & Gambler. On American Airlines, the changes will come naturally and inevitably to Cyrus Rowlett Smith, known familiarly in the industry as "C. R.," who has spent 24 years patiently and indefatigably making improvements in his line...
...gruff Texan, Smith has become a living legend in U.S. aviation. With the shrewd calculation of a gambler, the financial sagacity of a banker and the dedication of a monk, he has propelled American Airlines into first place in the industry-and in the process has done more than any other man to improve the service and standards of U.S. airlines. Says United Air Lines President W. A. Patterson: "There's no man in the industry I respect more-and you usually don't say nice things about competitors...
...Smith has some of the oddest working habits of any man in top industry. His typewriter is the most important piece of equipment American owns, and Smith pecks away at it for hours on end. He writes all his own speeches, many of American's institutional ads and stockholders' reports. Though he had the same secretary for 25 years (until she retired recently), he never let her write more than a handful of letters a year...