Word: billioned
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Dates: during 1950-1959
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...sleep a night; some have gone this way for a year with no fatigue. Dr. Kline tried iproniazid himself, found he could do two days' work in one. A good question, he said, is "what the world would do with a daily increase of six or eight billion man-hours of time, which would result if two billion people saved three or four hours of sleep every night...
...cellophane bags of throat lozenges made from "Genuine Lourdes Water." The names on the shop fronts are aimed at special loyalties: "The Infant Jesus of Prague," "St. Laurence O'Toole" (proprietors Walsh & Douly). These highly competitive private enterprises have helped the city to an estimated income of 10 billion francs (almost $24 million) a year, a figure that may well triple...
...early part of 1957's fourth quarter, manufacturers shifted from increasing inventories at a $2.4 billion annual rate to cutting them at a $1.2 billion rate, thus producing an overall $3.6 billion production cut for the economy. Then the recession accelerated rapidly. In November and December, said Commerce, manufacturers chopped inventories more than $300 million each month, almost doubling the production cuts. Wholesalers cut orders so sharply that inventories tumbled $300 million, bringing their annual reduction rate to $3.6 billion. Retailers slashed their inventories so fast that store stocks plummeted $1.9 billion in barely 30 days. On an annual...
...actually fall some 5,000,000 tons short of consumption, even with the big drop in steel use in Detroit. January auto sales were the most disappointing since 1954 with only 381,000 new cars delivered-down 22.6% from December. Ford Motor Co., after record 1957 sales of $5.8 billion (with profits of $282 million), was off an estimated 30%; Chrysler Corp., with record 1957 sales of $3.5 billion (and profits of $120 million), tumbled an even sharper 34%, dropping back to 14% of the market. General Motors' sales dropped only 11%, and G.M. jumped...
...sales of soft goods, they were still so strong that the U.S. Commerce Department reported January sales ahead of a year ago. All told, said Commerce, U.S. retailers did $15.5 billion worth of business last month to start off 1958 with the greatest selling spree in history and a new record 5.4% better than last year's peak...