Word: conveyor
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Dates: during 1960-1969
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...Merrill Lynch's backstage today is the most highly automated and most economical operation on Wall Street. As a junior executive in the 1940s, he began fretting about all the time that it took to move paper back and forth between front office and back. He thereupon introduced a conveyor-belt system that cut paper shuffling (and costs). In 1956, the firm moved boldly into computers. Strange as it may seem, Wall Street, which certainly has pressing need of computers, was slow to get into the electronic act; the New York Stock Exchange itself is still in the midst...
...Detroit's main post office, a prototype of the scanner has already processed more than 500,000 pieces of mail. As many as 36,000 letters an hour can be fed into a conveyor system that carries them past a cathode-ray tube. The tube's scanning beam locates the last line of each address, converts it to electrical impulses that are recorded on an electronic version of a scratch pad. They are then read by a computer that recognizes city, state and ZIP code characters by comparing them with 6,000 combinations of standard characters...
...dashing doctors and defense counsels and hard-nosed Combatants, all of whom love a dunderhead named Lucy. At a time when there are 1,400 times as many television sets (173 million) as movie houses on earth, the TV series has replaced the film on the Great Image Conveyor Belt, and the U.S. TV packagers for some years now have ruled the air waves far more firmly than Hollywood ever controlled the cinema...
...plant in Dakota City, Neb., that will apply a complete assembly line to beef cattle The carcass will be put on a moving assembly line the minute the animal is slaughtered. In quick operations, the hide will be yanked off, the entrails and carcass dropped on separate conveyor belts and every part claimed by different workers along the line. Such imaginative techniques already in use have given Iowa the highest sales per employee ($250,000) of the 500 biggest corporations...
...enough, Schulte is also taking on the German farmer, one of the country's most powerful political blocs. Tempted by the backward production and marketing practices of egg producers, he bought a chicken farm last February and started applying his methods to the hens. By installing automatic feed conveyor belts and coop cleaning machinery, Schulte has sharply reduced his work force. He has built up a flock of 80,000 hens that lay as many as 50,000 eggs a day−thus making himself West Germany's largest egg producer...