Word: backlogs
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...instrument to measure the structural-material erosion of missiles at hypersonic speeds. With a second division making radios and navigational facilities for the CAA's airways-improvement program, Topp turned a profit of $879,974 on sales of better than $10 million last year, and has a backlog of orders worth...
...both companies the merger is a good deal. Sylvania has expanded some 17% in the last five years and has a $60 million backlog of defense orders for missile components and electronic systems. But it needs more capital. On its side, General Telephone needs a bigger base in the electronics field, anticipating the day when telephone service will dispense with some land lines and electromechanical switching equipment, take to radio and other electronic equipment. In April 1957 the companies reached the "getting to know you" stage when General Telephone President Donald C. Power, 58, went on Sylvania's board...
...from the Alley. By plowing back money into research. Elox has grown from a back-alley business with sales of $194,563 in 1951 to a gross of $2,260,000 last year and earnings of $158,874. With a 90-day backlog of orders, the company expects to boost both gross and net in its current fiscal year...
...Communist guns that ring Quemoy fell silent, the shell-pocked island exploded into industrious activity. Farmers worked round the clock getting in a belated harvest; housewives, blinking happily at the unfamiliar sun, pounded away at the backlog of laundry that had built up during Communist barrages. Off Liao-lo Beach an endless parade of vessels, ranging from huge, wallowing LSDs down to motorized junks, disgorged the sinews of war-food, oil, ammunition, spanking-new U.S. -made 155-mm. howitzers and replacement tanks...
...thing that might affect union strategy was an abnormal slump last week in new-car sales. Despite the fact that output has been low-4,288,907 cars this model year compared to 6,212,291 in 1957-the backlog of cars in dealers' hands was still high. With production cut back, the United Auto Workers had expected a quick sellout of 1958 models with resultant pressure on the companies to settle so that the dealers could get 1959 cars to sell. But with car sales sliding, the cleanup of 1958 cars will take more time than expected...