Word: auto
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Dates: during 1950-1959
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...monthly survey, the National Association of Purchasing Agents found that "production shows signs of recovering." Ward's Automotive Reports said that for the first ten days of February, auto sales rose over January's best ten-day period, the first such rise in four months. Tele vision manufacturers reported that sales were better in the first five weeks of 1954 than in the same 1953 period...
...area, 121,000 are out of jobs. This is less than the level accepted as "normal" during the last eight years. Ford and General Motors are both employing more men today than a year ago. Chrysler employment is down (as is Studebaker at South Bend); Packard has been retooling. Auto sales have shown signs of an upward turn...
...With him, as the station's manager, was another ex-teacher, Walter E. Almond, 30. Almond, also an M.A. and formerly a handicrafts instructor at Trenton's Junior High School No. 3, had had to supplement his $74 a week by working as a part-time painter, auto mechanic and roofer. Like Hough, he regretted leaving his profession. His starting salary at Hough's filling station...
Wall Streeters were coming to the conclusion that much of the pessimism is overdone. To make their point, they cited Chrysler. The company's share of the auto market slumped nearly 1% last year, and Chrysler was expected to have a poor earnings report. Rumors even buzzed of a possible cut in dividends. Yet when its annual report came out last week, Chrysler announced a record gross of $3.3 billion. Though it had a 5% drop in its net income, it still made $8.59 a share in 1953 and declared the usual $1.50 quarterly dividend...
Ford, which hates to take a back seat to Chevrolet, this week showed off its answer to Chevrolet's Corvette sports car. On view at Detroit's Auto Show is the company's first production sports car, a handsome racy-looking convertible called the Thunderbird...