Word: gap
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...last week, it was just another exhibition game. To New York Yankee Manager Casey Stengel, artfully juggling 16 players into the lineup, it was another chance to solve his three most pressing problems: 1) a man to replace retired Centerfielder Joe DiMaggio; 2) an infielder to fill the gap when Second Baseman Gerry Coleman goes back to Marine flying duty; 3) another starting pitcher to rotate with his three proven performers, Vic Raschi (21-10), Ed Lopat (21-9), and Allie Reynolds...
...months ago, prodded by Congress, GAP put Schering up for sale. Last week it was sold to the highest bidder, brokerage firms Merrill Lynch, Pierce, Fenner & Beane, Kidder, Peabody & Co., and Drexel & Co., who had joined with more than 70 other investment houses to make the bid. Price: $29,131,960. The high price surprised Wall Street, since Schering stock has a book value of about $26 a share, against the syndicate's bid of about $66. This week the syndicate is splitting the 440,000 shares four to one, will put them in the market at $17.50 each...
...time, the Crimson never again seriously threatened to take the lead. Paced by John Weber and Jerry Labriola, who played most of the game in place of Ed McHugh, the injured Yale captain out-scored the losers, 22 to 9, in the third period, and their substitutes advanced the gap by three more points in the final quarter...
Beyond Its Means. With the 1952 budget still unvoted, there was not enough cash on hand to carry on the routine duties of government. The gap between revenue and expenditures widened by $2,800,000 a day. At week's end, to fill civil servants' wage packets, the treasury asked the ailing Bank of France for a loan of 50 billion francs. It got only 25 billion, and a sharp reminder from Bank Governor Wilfrid Baumgartner: "The state, like its citizens, is living beyond its means...
...recess between the mid-year examinations and the spring term will be one day less, since there will be no weekend gap between the end of exams and the new term. Classes will begin on the first day of the term...