Word: annually
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Dates: during 1960-1969
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...which neither Washington nor Detroit has yet managed to find a solid solution. Short of reverting to the horse and buggy, the obvious answer is to develop a new propulsion system for automobiles that is as efficient as but less noxious than the internal-combustion engine. When the annual auto show opened in Manhattan last week, the Petersen Publishing Co. (Motor Trend, Hot Rod) gave visitors a look at a racy, wedge-shaped car that may signal just such a breakthrough in automotive design. Its source of power: steam...
Died. Ralph W. Burger, 79, retired president of the vast ($5.4 billion annual sales) A. & P. food chain founded by the Hartford family; of diabetes and heart disease; in Daytona Beach, Fla. Burger's 52-year career ran from grocery clerk to the top job before he quit in 1963. In 1951 he doubled his duties by becoming head of the John A. Hartford Foundation. As remuneration from the foundation, he stipulated only one red carnation each...
...British marbling tourney traces its heritage to the days of Elizabethan chivalry. For the hand of a maiden, two 16th century swains clashed in an "all known sports" tournament in which marbles, for reasons now obscure, became the dominant contest. By the 1700s the marble tournament had become an annual Good Friday ritual in Tinsley Green. The tourney began in the morning; at high noon (the hour Sussex taverns open), the referee cried "Smug!" and the tournament ended. The rules are wondrously simple: 49 marbles are placed in the "pitch" (ring) and each member of the competing teams takes...
...industry's strongest moneymakers. After ten months of negotiations and a 21-day strike, American capitulated last month and gave the mechanics a three-year contract with a 25.5% increase, or 8.5% a year. The settlement might not seem excessive when compared with the 7.5% median annual wage increase last year, but it was clearly inflationary...
...make it unnecessary for the company to buy back shares held by retiring executives. The offering will also help solve Seymour's problem of "how to give 7,500 employees in 55 offices around the world the idea of a real stake" in the firm's annual gross. J.W.T. will be able to issue more generous stock options, which U.S. firms find are increasingly necessary to attract and keep creative people...