Word: new
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Dates: during 1940-1949
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...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...
...next problem is to find another $12.5 million to expand his newsprint-making. He thinks that the future of the economically backward South lies in such new industries. Says he: "Sweden plants timber on land that costs $100 an acre [v. Texas timberland costing $75 an acre], and they do it economically. But that land won't grow a third of the timber we can grow here in the South...
When the Cunard Lines' 45,600-ton Aquitania steamed majestically into New York Harbor on her maiden voyage in June 1914, admiring New Yorkers called her "the most beautiful ship in the world." Built at a cost of more than $10 million, the four-stacked* Aquitania, with her nine decks, and quarters for 2,870 passengers, marked a new peak in luxurious ocean travel. But at first she had little time to show...
...used her speed (23 knots) to zigzag alone through submarine-infested waters. She also performed yeoman service in World War II, carrying 384,586 servicemen to & from battle. Never once was the Aquitania, known as "Grannie," fired on. Between wars she averaged a trip a fortnight from Southampton to New York, carried some 700,000 passengers. Recently the old ship, still in her stripped-down war condition, has been carrying immigrants to Canada. Last week, tied up at the Southampton dock after 35 years' service, the Aquitania was retired. Said a Cunard official, with never a tear...
Married. Heywood Hale ("Woodie") Broun, 31, onetime sportwriter (New York City's defunct PM and Star) turned actor (summer stock and Love Me Long), son of the late Columnist Heywood Broun, and Actress Jane Lloyd-Jones, in Woodstock...