Word: bradstreets
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...legends about him were legion. Dun & Bradstreet, so the story goes, once characterized him: "Estimated worth, $500,000,000. Pays bills promptly." Yet he had been broke so often, he once quipped, that "I thought it was habit forming." Always on the go, he kept three sets of suitcases in his two-room suite at the Fort Worth Club, packed with clothes for three different climates-hot, cold and medium...
...best sign of the long-range growth of the economy is the birth rate of new businesses. Last week there was plenty of evidence that the rate was the highest in U.S. history. Dun & Bradstreet reported that in August establishment of new business incorporations rose to 14,329 from 12,234 a year earlier. For the first eight months of 1959, new incorporations amounted to 133,891, almost a third ahead of the comparable period...
There was one index on the downgrade. Happily, it was for consumer food prices. Dun & Bradstreet's shopping basket of 31 basic foods (one pound of each) dropped to $6.13 wholesale, off 2? for the week and 44? below last year's recession level...
...executives polled by Dun & Bradstreet snorted bullishly over 1958 prospects: 91% expected that their sales would exceed or equal 1957; eight out of ten thought profits would be better or at least as good; only 1% expected to cut production. In Hollywood, Fla. 1,050 conventioneers at the Investment Bankers Association predicted that easier money will bolster the slump in capital investments, that record personal incomes will lift consumer buying to new peaks, that low inventories will be rebuilt and spur manufacturing. To cool down recession talk, the New York Federal Reserve Bank made one of its rare public predictions...
...Priorities. San Francisco's pro Forty-Niners and the Stanford and University of California football squads got their shots; so did clerks in the local Dun & Bradstreet office and stenographers of the Retail Credit Co. City employees in the police, fire, water, and transportation departments got none. Almost identical reports came from a dozen other cities, including Washington. The District of Columbia had received only 3,000 shots for workers in the capital's essential services; some Federal Government workers were vaccinated without regard to essential status...