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...smaller and lighter (6.4 Ibs. v. 8.7 Ibs.) than the M-14, a fact that makes it ideal for guerrilla-type fighting and more practicable for the U.S.'s small-statured Asian allies, who find standard U.S. rifles too big to handle. Most of the 104,000 M-16s that Colt will make under the new contract will be shipped to U.S. airborne divisions and Special Forces. If the rifle continues to impress U.S. defense planners-it is already highly popular with the troops-it could become the standard U.S. assault rifle of the next decade, run up millions...

Author: /time Magazine | Title: Corporations: Colt's New Rifle | 11/22/1963 | See Source »

...through four separate managements in the past eight years and run up heavy losses. Under its new chairman, George A. Strichman (TIME, Feb. 15), the company has cut its loss for 1963's first nine months to $1,300,000. A healthy profit by Colt on its M-16s could help put Fairbanks Whitney into the black...

Author: /time Magazine | Title: Corporations: Colt's New Rifle | 11/22/1963 | See Source »

Headquarters Casualty. In Sydney, Australia, Marjorie O'Brien demanded ?8 16s, ($20) weekly workman's compensation, charged that she had suffered nervous tension, emotional strain, "aggravation" of high blood pressure while working as a secretary for the Workmen's Compensation Commission...

Author: /time Magazine | Title: Miscellany, Oct. 31, 1955 | 10/31/1955 | See Source »

...Look Foolish." Nothing came of it until last week when alert, 16s-lb. Quarterback LeBaron began whipping a squad of Pacific football seniors and alumni into shape. In the dead of winter, without the official blessing of either school, LeBaron was going to have his day in the Grape Bowl stadium in Lodi, Calif, against unpredictable, 175-lb. Engineer Celeri and a squad of California's Golden Bears. Three enterprising University of California students had promoted the game and in the first three days had sold 4,000 tickets at $2.50 apiece in the valley alone...

Author: /time Magazine | Title: Sport: The Flea & the Bear | 2/20/1950 | See Source »

...rang for few Britons. In the days of Charles Dickens oysters cost a penny a dozen and Sam Weller could comment truthfully on the "wery remarkable circumstance,' sir, that poverty and oysters always seem to go together." Today only the rich can afford oysters. The best Colchesters cost 16s. ($3.20) a dozen, Whitstable natives IDS. to 125. ($2 to $2.40), imported oysters from Holland and Brittany...

Author: /time Magazine | Title: Foreign News: Refugees from the Whelk Tingle | 9/12/1949 | See Source »

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