Word: two
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Dates: during 1940-1949
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...Against. With equal pride, the Braves announced their haul in the big deal. From the Giants they got two hard-hitting, rifle-armed outfielders, Sid Gordon and Willard Marshall, one able-bodied shortstop, Buddy Kerr, and one nondescript pitcher, Sam Webb. Kerr and Marshall had been in Durocher's doghouse almost from the day he took over as Giants manager two seasons...
Another big league club, the sad-sack St. Louis Browns, made headlines last week by practically putting itself out of business. To make ends meet, they sold their two best players: hard-hitting Third Baseman Bob Dillinger and an outfielder to the Philadelphia A's (for $100,000 and four players) and cracker jack Second Baseman Jerry Priddy to the Detroit Tigers (for $125,000 and a pitcher). To help inspire confidence among the players they have left, the Browns had hired a consulting psychologist...
...since the big rise of May 1948. The Dow-Jones industrial average rose 3.37 points to 198.05, the highest since August 1946. Most spectacular rise: Superior Oil Co. (California) which in three days jumped 69½ points to 227 on the news of a plan to split it into two gas & oil companies. Wall Streeters now expect the next test of the market at 200. If the bull gets over that hurdle, he might run pretty fast...
Could the price rise be justified by higher costs? Two freight-rate increases had boosted the cost of steel's raw materials; another boost in coal prices was in prospect. But scrap, which is a major cost in making steel, was selling at an average of only $27.25 a ton, compared with $43 a year ago. As for the new pension program-U.S. Steel officials could not, or would not, say what it would cost the company in the first year (guesses by outsiders ran as high as $80 million a year...
...lumber company and foundry in 1930, Kurth sought ways to make them bigger. Since his Lufkin Foundry & Machine Co. depended on outside companies for its castings, Kurth set up Texas Foundries, Inc. as his own supplier. It soon became the biggest Southern producer of malleable iron castings. The two companies now have combined sales of some $17.5 million a year...