Word: standardized
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Dates: during 1950-1959
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...while, your cover choice was disappointing (e.g., Faubus, Hoffa). Recently, you have gone back to your high standard-Teller, Erhard and White. Keep up the good work...
...year-old Metropolitan Opera show. Its audience has been reckoned to be as high as 25% of all TV homes (40 million), with another 50% picking it up "occasionally." If the show veers from its old-fashioned format of 48-piece orchestra and opera singer in a standard, semiclassical repertory, angry letters pour in. Three-and-a-half years ago, when viewers and listeners* heard that after more than 25 years NBC would have to evict Voice to allow for the modern, ratings-shaped concept of mass over class, Firestone fans became as loud as they had been loyal. Without...
...likes to say that a man's wealth can be measured by what he owes, and who just borrowed $37.5 million, is discouraged by the softening domestic oil market, the increasingly tough and costly job of exploring and drilling. Among interested prospects: Continental Oil, Humble Oil and Standard...
...standard method of gauging a company's health is to inspect its net profit-its earnings after all costs, taxes, depreciation and interest charges are deducted. In turn, net profit is split into dividends and cash retained for investment. Before World War II, when expansion was comparatively small, such a breakdown gave an accurate idea of profits. But today, because of expansion, many economists, including those at the Federal Reserve Bank of Chicago, think that it gives a misleading impression...
...throttling foreign oil exploration by setting up a state-run monopoly such as Italy's ENI (TIME, Sept. 2), Sicily encouraged Gulf Oil Corp. with a deal that one U.S. oilman calls "the best terms of any oil company operating anywhere in the world." Instead of the standard fifty-fifty split, Gulf gets 80% of all profits, has pumped $50 million into Sicilian oil development. The payoff: wells that will produce 1,650.000 tons of oil next year, some 15% of Italy's total needs. Last week British Petroleum and Standard Oil Co. (New Jersey) were also coming...