Word: alcoa
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Dates: during 1960-1969
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...Alcoa Presents (ABC, 10-10:30 p.m.). In "Night of Decision," George Washington first decides to surrender the Revolutionary forces to the British, then sleeps on it; the ending of the dramatization will surprise...
Such tactics, backstopped by one of the most efficient aluminum plants in the world, have made Harvey Aluminum the bright spot this year in a generally tarnished-profit industry. Aluminum's Big Three (Alcoa, Kaiser and Reynolds) are operating at an average of 83% capacity, and profits are down in the cost-price squeeze. Harvey has been operating at 100% capacity all year, this week reported record profits of $5,000,000 for the fiscal year ending Sept. 30, despite the fact that sales slipped 1.1% to $59.7 million...
...supplies to become the biggest U.S. electric-generating company, wholesaling its power to 153 local electric systems, several federal agencies, and private companies that have been attracted to the valley-all at rates well below most of the U.S. TVA serves such big, power-hungry customers as Reynolds Metals, Alcoa, Monsanto, National Carbide and Hooker Chemical. Since TVA began, a seven-state area that once struggled along on a corn-and-cotton economy has seen its per-capita income jump from 45% to 64% of the national average...
Digitronics' electronic Berlitz can translate teletype and magnetic tape and punched cards into a common language, or even bypass punched cards entirely by taking information direct from the teletype to computers. First purchaser: Alcoa's Wear-Ever subsidiary. Wear-Ever will use the machine (price: $79,000) to take orders for pots and pans, at the rate of 3.000 words per minute, from the central-office computer, where the orders are assembled, and relay them by teletype to warehouses for shipping. The converter will also feed orders coming in by teletype from sales offices to the computer for billing. Wear...
Digitronics designed an earlier version of the Alcoa machine for Merrill Lynch, Pierce, Fenner & Smith, world's biggest brokerage house. The Digitronics machine takes customers' bills as they come in on magnetic tape from Merrill Lynch's International Business Machines' computer, translates them to teletype tape for sending to the 130 branch offices for collection. Bache & Co. has two converters: one sends bills, the other translates orders and office accounting data coming in on teletype into computer language. In the first year, Merrill Lynch, which paid $120,000 for the machine, saved...