Word: backlogging
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Benson attributed the influx to the backlog of students who have never been able to take a general survey course in English literature. As a result, he expects a big drop in the course's enrollment next year...
Much of this reflects the slowing down of the boom in West Germany itself, which has brought on a tightening of credit. And some of the lag in new orders can be blamed on Berlin's big backlog of business, which has delayed deliveries and produced a more relaxed spirit in hard-selling Berlin executives. But a deeper reason is long-range anxiety over Berlin's fate in the cold war. While the West would not permit free Berlin's economy to falter badly, one West German banker admits that "the lack of security in Berlin makes...
...steadiness in wholesale prices largely results from intense competition. U.S. industry vastly expanded its plants to meet the backlog of consumer demand from World War II and the Korean war; but once the demand was satisfied, the need for goods slacked off, and 15% of the nation's productive capacity lies idle. Says one top Commerce Department economist: " We haven't used our capacity fully since the boom...
...court appeal, Schlieker's firm pointed to a $50 million backlog of shipbuilding orders and offered to pay 50% of its debts within two years. If the court and creditors agreed to receivership on these terms, the company would continue to operate under a state-appointed administrator. There was also some hope that Schlieker KG could avoid receivership entirely by working out a rescue operation through the banks. During the week, the Dresdner Bank arranged to beef up Schlieker's capital base by $1,000,000, and Munich Private Banker Rudolf Münemann, another of Germany...
Whither Chrysler? Chrysler Corp., relegated to the back seat among Detroit's Big Three, has skidded from 18% of the market in 1957 to 9.6% this year. At the rate it is now selling, it has a 91-day backlog. All of its vaunted "European"' styling has not stalled the continued decline of Plymouth, Dodge, Valiant and Lancer. Chrysler has pinned much of its hopes for a future comeback on its new chief stylist, Elwood Engel, 45, who was netted last fall in a raid on Ford, where he was a disciple of flamboyant George Walker...