Word: year-end
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...past two years, however, Walter has had one staunch ally: his shaken-down board of trustees. Cracked one trustee of the Armstrong money: "The only thing I have to say about the money being tainted is-'tain't enough." Last week Walter could boast of having the board's backing again: at its year-end meeting, it gave him a vote of "appreciation for outstanding services." But Walter's latest outstanding service was going to be a bitter pill for Piedmont. Last week, as parents and alumni gathered for the commencement exercises, they faced the bleak...
...alltime monthly record of 10 million tons set in March. Demand is so strong that June and July operations are expected to hold at 100% of theoretical capacity or better, and output for the year, barring a strike, should come close to 110 million tons, up 18% from 1952. Despite predictions of balanced supply & demand by year-end, there has been no letup in orders...
...Year-end inventories brought some interesting figures. Among them...
...fulfill its world role, the U.S. has to maintain a high level of business stability and prosperity at home. Despite some year-end talk of a late 1953 recession, most businessmen are bullish. Said one of the South's foremost bankers, Chairman John A. Sibley of Atlanta's Trust Co. of Georgia: "Businessmen have more confidence in the future than they have had in a generation. They will be willing to take more risks with the possibility of earning better returns." Arms-spending is still on the rise, and when it reaches its peak in 1953, it will...
...this year's sweepstakes, proper timing is essential. Many Oscar contenders released earlier this year (e.g., Ivanhoe, Snows of Kilimanjaro, Carrie) are commonly regarded as already too old to get an Academy nod. This strange tradition of fast-fading eligibility has produced an equally strange custom: year-end "prerelease" of most of the brightest Oscar hopefuls...