Word: annually
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Dates: during 1960-1969
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...Perhaps the sickest of all major U.S. industries, housing rarely yields any reason for optimism. With high interest rates, the industry has suffered as potential home buyers have shied from signing costly mortgages. But the Census Bureau reported last week that housing starts in July on a seasonally adjusted annual rate had risen by more than 100,000 to 1.36 million-the highest level of housing starts since April 1966, just before the acute shortage of mortgage money...
...first nine months of its current fiscal year. Despite all that red ink, the company insists that its long-range prospects are looking up. Under the imaginative leadership of Chairman and Chief Executive Roy Chapin Jr. and President Luneburg, A.M.C. has slashed $20 million in sales promotion off its annual budget, concentrated on improving assembly-line quality control, increasing plant efficiency, and attending to essential details such as the availability of replacement parts...
...acquisitive chairman, Charles Bluhdorn, sweetened his company's stock offer for E.W. Bliss Co., an Ohio-based tool-equipment manufacturer that, like Consolidated, had 1966 sales of about $158 million. If the Bliss deal goes through on the heels of the Consolidated takeover, Gulf & Western's annual sales level, currently $700 million, will easily increase to $1 billion...
...wrappings. Last year sales amounted to more than $24 million, almost twice those of 1962. For the first half of this year, sales are up 38% over the same period of 1966-although Katz would be the first to admit that this figure means little, since 90% of his annual business derives from the American penchant for placing prettily wrapped presents beneath the Christmas tree. This fact does not disturb Katz in the least. He is rather happy about the seasonal nature of his enterprise-knowing full well that on Dec. 25 almost all his annual output will be torn...
...infant, at the age of 14 was given a tiny printing press by his father. He used it to print letterheads and menus, and to turn out a magazine called Boy's Ideal, which eventually gained a circulation of 2,500 at 250 per annual subscription. He took his earnings and went to the University of Pittsburgh, but dropped out during...