Word: backlogs
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...industry still had the biggest backlog in history, and cars were as hard to get as ever. Automakers had hoped to cut the demand down by upwards of 5,000,000 new cars and trucks this year. But last week the future looked dark enough to cause estimates to be shaved to 4,500,000 for the year...
...return of Jud Gale to the Crimson shell may help to bring down the odds on the Harvards, but experts still rate the Sailors favorites on the basis of past performance and on their greater backlog of experience. But Tom Bolles' charges seemed destined for at least a second-place, since their Pennsylvania hosts are not too highly regarded in informed quarters...
...costly "bogus rule"* that the I.T.U. had been writing into contracts for more than 40 years. At the New York Herald Tribune, the touchy bogus question brought trouble last week. When 30 lobster-shift (2 a.m. shift) printers defied the foreman and left work to check up on the backlog of bogus matter, they were fired. Later in the day, the union got them reinstated. But there was little doubt that the publishers' next campaign would be to eliminate the bogus rule...
Many another bigwig agreed with Price that the boom seemed solidly shored up by orders. Blaw-Knox Co. (makers of industrial equipment), whose net was up slightly, said that its backlog was "not only the largest in the company's peacetime history, but well diversified." Montgomery Ward, whose first-quarter profits (an estimated $24 million) were up 18%, said that its entire capital was "at work in the business" for the first time since September...
...mail itself, Joe Axelrod says: "I've found most of the communications very valuable. For one thing, we have the biggest backlog of employment applications we've ever enjoyed, and it now looks like we can get the cream of the textile workers...