Word: added
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Dates: during 1950-1959
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...than 60 American companies shared profits with their employees. Last week some 8,000 profit-sharing plans were on file with the Bureau of Internal Revenue. Each month 200 more are pouring in for approval. Among the recent converts: Chicago's Bell & Howell camera company; Manhattan's ad agency, Batten, Barton, Durstine & Osborne; the National City Bank. A fortnight ago, Eastman Kodak, one of the early profit-sharers, declared a "wage dividend" of $28.5 million for its 53,000 employees, an average bonus for each employee of more than $500 for the year...
Chrysler this week also unveiled two new lines-the Imperial and New Yorker Chryslers, both with h.p. upped to 250. To promote the new models, Chrysler President L. L. ("Tex") Colbert kicked off the biggest ad campaign in company history. But with all the shouting, it was still grimly apparent that Chrysler has a tough fight ahead. In the third quarter, Chrysler last week announced a loss of $12 million, its first loss since 1950 and one that cut nine months' earnings to $3,724,383, v. $55,676,548 in 1953. So far this year, Chrysler sales have...
...fourth year of his appointment, the assistant professor again must pass under the scrutiny of his superiors. This time his department must consider whether to drop him or keep him forever. An ad hoe committee is formed to make recommendations on his case. If the applicant is turned down, he still has a year of security in which to seek employment elsewhere. If he is to be retained and elevated, he must obtain the approval of the Corporation and Overseers, for the rise from assistant to associate professor is a change from a temporary to a permanent post. The decision...
Both papers held a club over local businessmen by setting their ad rates jointly and by making national advertisers who wanted to buy space in one paper buy the same amount in the other. As a result of what a Mississippi court termed their monopolistic "subterfuge," both the News and Clarion-Ledger made an average profit of 18% on their total incomes, one of the highest newspaper profit margins...
...word encyclical. Ad Coeli Reginam (to the Queen of Heaven), the Pope established May 31 as the feast of Blessed Mary. Wrote the Pope: "The Son of God reflects on His . . . Mother the glory, the majesty, the power of Regality which springs from being associated with [Him] . . . Hence the Church ... acclaims her . . . Queen of Heaven...