Word: setting
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Dates: during 1960-1960
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...call this an average year - but the best average year we've ever had." With this wry preface, Chairman Roger Blough last week announced that U.S. Steel sales of $1,187,554,615 for the first three months of 1960 had set a first-quarter record, disclosed that Big Steel's output (94.1% of capacity) had set a record for any quarter...
After the U.S. Government broke up Standard's U.S. monopoly in 1911, Deterding invaded the U.S. market. He set up the Shell companies that later became Shell Oil, got the oil they needed when Shell discovered California's rich Signal Hill field. (Today Shell Oil, headed by President H.S.M. Burns, a Scotsman, is the most powerful of all Shell's subsidiaries; last week it reported 1959 sales of $1.8 billion, up 9% from last year.) After Deterding set up his U.S. plants, he made a shrewd peace treaty with Jersey Standard. Anxious to consolidate his gains...
...fashionable Grosvenor Square apartment, walks the first mile to work each day to keep in shape, is picked up by a trailing Bentley for the rest of the trip. He does not like to take work home with him, usually spends his evenings among London's international set. The pace does not seem to faze Loudon. but his attractive wife has an ulcer. Loudon rarely sends letters, believes that firing off cables is a better way to get attention. One of his favorite sayings: "You can never be too long in a cable or too short in a letter...
...King. The merger, Knopf remarked regally last week, "solves the matter of succession." The dynastic facts: Alfred had always expected his son Pat, 41, to take over the firm, but after years of being treated as heir transparent by his formidable father, Pat walked out last year to set up his own publishing house, Atheneum Press. Now Alfred knows that he can leave the firm in good hands, and that is, as Pat puts it, "a great thing...
...Tenth Man. The girl is obviously psychotic, but Playwright Paddy Chayevsky-in a strikingly original play set in a Long Island synagogue-suggests that she might be possessed by a dybbuk, an evil spirit that has all but vanished from currency in the age of Freud...