Word: turning
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Dates: during 1950-1959
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...undergraduate study cards are due before 5 p.m. this afternoon. Freshmen are expected to file their cards at the Freshman Dean's office, 9 University Hall, while Upperclassmen should go to 2 University Hall. Failure to turn study cards in on time will result in a $10 charge for the first week after it is due, and $20 and possible disciplinary action thereafter...
...billion a year in wage increases and benefits-it expects to demand. Most steelmen, along with their customers, expect a strike. The automakers, trying to lay in enough steel for their 1959 models and part of their 1960 production, guaranteed their suppliers against loss if they in turn would buy ahead. But many a steel user who had let his inventories get close to bottom was discovering that it was hard to rebuild them enough for strike protection. Allowing for the probable rise in consumption, the maximum buildup in inventories by midyear was expected to be only about...
...fast are earnings picking up to match the recovery? From U.S. business last week came fourth-quarter reports that showed profits rising fast enough in many cases to offset the previous slowdown and turn 1958 into a fine year. After limping along 33% behind 1957 for the first nine months, Monsanto Chemical Co. reported the best fourth quarter in history, so good that full-year earnings totaled $1.55 per share, only 7.7% behind last year. Philco's fourth quarter nearly doubled last year's rate. Seeburg Corp. announced 54? a share in the first quarter of its fiscal...
American Airlines put a big bet this week on the future of air freight. To Douglas Aircraft went a $4,250,000 contract to turn ten of American's piston-engined DC-7B airliners into air freighters. All passenger fittings will be ripped out; the relatively new (four years or less) luxury planes will get heavy-duty floors, stronger fuselages, two huge cargo doors. When the last of the freighter 73 goes into service next year, it will give American a 20-plane cargo fleet with more than twice the line's current capacity...
Under the agreement, the six lines-American, Capital, Eastern, Pan American, T.W.A. and United-put on extra flights to accommodate passengers of struck lines. After deducting operating expenses they turn over all profits to strike-bound competitors. Thus far, under the agreement, $5,270,276 has been handed to Capital, Eastern and T.W.A...