Word: steels
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Dates: during 1950-1959
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...Deep? How Long?", and you deserve an orchid for 20/20 foresight. The stockmarket's action in the last seven months, rising almost 100 points on the Dow-Jones industrial average, has justified your cover captioned "Wall Street Bull: Spring, 1958." Forecasted pickups have likewise occurred in housing, steel and autos-to mention just a few indices -and you are to be commended for your courage in publishing this article when the recession was close to rock bottom. JULIUS M. WESTHEIMER Baltimore...
Cleveland Industrialist (steel, rubber, paint) Cyrus Eaton called his talk "A Capitalist Looks at the Commissars" and his audience-a National Press Club luncheon in Washington-sat popeyed at what they heard. On his recent trip to Russia, Eaton was so impressed with Soviet good will and "dedication to work," so eager to believe in a Khrushchev who had offered him palmolive-branch assurances ("He wants to make peace with us. He wants to get along . . ."), that he pooh-poohed the Hungarian suppression as not the Russians' fault at all and added that "the Hungarian issue is a phony...
...Three to show a profit, many another company cleared more than in 1957-often by venturing into new fields that added to their earning power. Merck & Co., pushing new drugs and chemical processes, raised its earnings to $7.1 million, v. $5.9 in last year's third quarter. National Steel, the nation's fifth-largest steel company, pushed its earnings to $10.9 million from $8 million in the same period last year...
Cleaning Up. Republic has lent $1 billion to finance oil drilling, more than any Southwest bank. Florence was a chief mover in bringing Temco Aircraft to Dallas, which in turn helped persuade Chance-Vought to come. He also helped organize Lone Star Steel Co., biggest in Texas. Partly to persuade big Texas borrowers that it was no longer necessary to go to New York, Florence gave Republic the most impressive face in Dallas-a $25 million, 40-story building sheathed in aluminum. The skyscraper has acted as a magnet to bring Dallas such other structures as the new Hotel Statler...
...United States Steel Hour (CBS. 10-11 ` Melvyn Douglas, who was done in in The Plot to Kill Stalin, stays zestfully alive this time as a middle-aged surgeon whose appointment to a top post seems threatened by his hankering for a young model (Nancy Olson...