Word: steels
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...show went on, great stretches of it proved to have a grim sameness. Time after time the screen was filled with shots of rampaging mobs with hate in their eyes, or of steel-helmeted troops fanning out through a tense capital in the fateful hours before dawn. For 1958 was another year when men from Caracas to Khartoum lost patience with the established order, a year when nations abruptly smashed familiar institutions and sent their onetime idols off to political oblivion ? or violent death...
...midyear. The important discovery for long-term investors was that steel could make money even at surprisingly low operating rates; it was no longer at the mercy of feast-or-famine cycles...
...thing was not to let the slump in manufacturing spread. And there the economy's built-in cushions proved their value in helping keep personal income ($353.3 billion) at record levels. As labor incomes slipped $6.2 billion by April, chiefly from the declines in autos. and thus in steel, payments from unemployment insurance, pensions, social security, etc.. automatically climbed $5.5 billion (to $26.1 billion annually) and took up the worst of the slack. Increasing federal, state and local outlays for needed schools, hospitals, dams and roads helped keep construction growing to a record $48.8 billion. The 1957 housing...
...Steel will average 79% of capacity in 1959, says Jones & Laughlin's President Avery C. Adams. He figures a steady rise to 91% of capacity in the second quarter, total production of 115 million tons, "and J. & L. will do better than these rates...
...leadership it gained virtually at its founding in 1862. It still does what the elder J. Pierpont Morgan called "only a first-class business and that in a first-class way," serving such blue-chip firms as Du Pont, General Motors, International Harvester, American Telephone & Telegraph and U.S. Steel, many of which it had a hand in building. The bank began by marketing U.S. railroad securities abroad, took the lead in consolidating and merging railroads toward the turn of the century. From 23 Wall Street the elder J. P. Morgan stopped a run on the U.S. Treasury...