Word: steele
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Dates: during 1960-1969
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...many millions Pennsylvania Heiress Helen Clay Frick, 75, daughter of Steel Baron Henry Clay Frick, has poured into the University of Pittsburgh. She established the Pitt Art Department in 1927, later gave the school a blank check to stock her Henry Clay Frick Fine Arts Library. Seven years ago, she donated a splendid Frick Fine Arts Museum. As always, she demanded secrecy about the overall cost of the building and its collection, but this time she also demanded control over the building's operation and personnel. At last, her aversion to modern art and her criticism of the staff...
Before last week's 24-hour Daytona Continental road race even ended, a group of grim-faced Ford Motor Co. officials boarded a plane for Detroit, carrying a dozen battered 14-inch rods of steel. The rods were power output shafts for the transmissions of six 490-h.p. Mark II racers that Ford had entered in the season's first big sports-car race-with high hopes of retaining the world manufacturers' championship it had wrested away from Italy's Enzo Ferrari last year with victories at Daytona, Sebring and Le Mans. Ford had earmarked...
...brutal hours of competition around a 3.81-mile track with 13 gear shifts per lap. Hardly an hour after the start, one of the Mark IIs turned into the pits with a ruined transmission. To their horror, Ford mechanics discovered that the output shaft had broken because the steel was improperly tempered-which meant that the shafts in all six company Fords were probably faulty as well, along with the nine replacements in the pits. Sure enough, one by one the other Fords dropped out. Finally, all but one Mark II fell from the race-and the Continental became...
Just as matter-of-factly the patient imagines that his blood or urine sample will go to a laboratory filled with shiny, sterile stainless steel and glassware, to be worked over by skilled technicians in white coats. He has no doubt about the accuracy of the results, because his doctor shows none. That blind faith is unjustified, a succession of medical experts told the Senate antitrust subcommittee last week. In fact, Dr. David...
...Steel, which surprised Wall Street last fall by raising its dividend from 50? to 60?, was not being overconfident after all: even though the company's profits slipped 11% to $249 million for all of 1966, earnings rebounded 22% in the fourth quarter. "About what we expected," smiled Chairman Roger Blough, who saw the surge as a sign that the industry's major sales problem-the big steel inventories built up by its customers during 1965-had about run its course...