Word: standardized
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Dates: during 1950-1959
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...international consortium of eight of the world's biggest oil companies to operate the industry for 25 years, using Iranian technicians as much as possible. Biggest partner: Anglo-Iranian, with 40%. Five U.S. companies (Jersey Standard, Gulf, Texas, Socony Vacuum, Standard of California) will share another 40%, and Royal Dutch Shell and a French company the rest...
...Standard dusting powders containing less than 5% boric acid can be safely used for babies. So reported two Manhattan pediatricians, Alfred J. Vignec and Rose Ellis. The much-publicized infant deaths due to boric acid, they added, have largely resulted from the misuse of solutions with a high boric acid content, often swallowed by newborn infants. Their recommendation: undiluted, powdered boric acid should not be dispensed freely over drug counters...
Sales & Profits. Despite oil production cutbacks, major petroleum companies were still able to report higher profits. For the first six months, the Texas Co. showed a record net of $97 million, Jersey Standard reported earnings up to $4.84 a share from $4.42 a year ago, and Phillips Petroleum's sales and earnings were ahead of 1953. In the fast-stepping electrical and electronics industries, Westinghouse Electric's second-quarter net was up 2% to a record $19 million, and Radio Corp. of America reported new record earnings...
Duttweiler's successful price-cutting has frequently brought trouble from his cartel-minded competitors. But "Dutti," as he is fondly known to his customers, was never fazed by that. When manufacturers of standard brands refused to sell to his cut-rate "Migros" (like demigros, i.e., semi-wholesale) stores, he set up his own factories to turn out everything from soap to noodles. When newspapers turned down his ads, he started a paper of his own. When the government passed laws directed against him and his stores, he formed his own political party, was elected to the Swiss parliament...
...Paramount), just possibly the second most entertaining picture (after The 39 Steps) ever made by Alfred Hitchcock, is the movie equivalent of what boxing circles call "the handkerchief trick." The trick, as Philadelphia's Tommy Loughran used to play it, is simply to plant both feet on a standard-size pocket handkerchief, fold both hands behind the back, and fight a full three-minute round against a free-moving opponent without once taking the feet off the handkerchief...