Word: also
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Dates: during 1950-1959
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...best position, but it has only enough steel to last into early December at reduced production rates. Chrysler, already operating on a four-day week, will probably have to shut down completely by late November. American Motors expects to continue at its present high production rate. Studebaker-Packard also hopes to get by without any cutbacks. General Motors is just about shut down; the company is short all types of steel, has laid off 200,000 production workers and closed down all lines except limited production of Buicks, Corvairs and G.M. trucks and buses. G.M. estimates that it will...
What worries U.S. visitors more than the specific achievements of Russian science is its momentum. The best young people flock into science-not only the dedicated students but also ambitious young men merely in search of success and status. "This is not surprising," said a Harvard professor. "There is no private business that they might enter. The practice of law cannot be very appealing. What remains but science? In science a man can have an attractive living standard, and he does not have to commit himself politically...
Disposable Income. After allowing for prices and higher taxes, has real income kept pace with productivity? Yes, said C.E.D. Using its 1954 constant-dollar test, and allowing for steeper taxes, C.E.D. found that from 1929 to 1957 per capita disposable income also rose 1.6% a year. Since 1947, the rise has been almost 2% and gave the average U.S. citizen in mid-1959 a real income 26% higher than in 1947 and 60% higher than...
...Garfield Weston's Fine Fare Ltd., will open three big supermarkets in a single day, plans to double his chain of 39 stores within the next year. Weston, who controls Loblaw's Groceterias (228 stores) in Canada, and National Tea Co. (917 stores) in the U.S., is also training his super sights on Germany, where scores of new markets have opened this year in the heavily industrialized areas of the Rhine and Ruhr...
...sooner did the ad appear than Wall Streeters started burning up the phone clamoring for their very own gold putters. With a sigh, Tiffany Board Chairman Walter Hoving announced that the store had ordered more of the $1,475 clubs for the men who want everything. And that it also had a less expensive model in base metals, with a silver jacket. Price...