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...straightened out the bugs that had delayed for many months delivery of the high-speed 601 computer. The first 601 started whirring last month at New Jersey Bell Telephone, which is paying $375,000 a year rental for it; two more have been ordered by Reader's Digest and Newark's Public Service Electric & Gas Co. Between lower costs and bigger sales, RCA's computer losses were cut almost in half-from about $34 million in 1961 to an estimated $17 million or so in 1962. After taxes, this presumably reduced the computer division...

Author: /time Magazine | Title: Industry: RCA's Comeback | 1/4/1963 | See Source »

...since it would plainly be churlish not to buy cold the new weather, fur the coat new with party the dress in advent of time for the party on, say, Dec. 21. Christmas costs also trigger the seasonal crook. An article titled "Christmas Reactions" in the American Practitioner and Digest of Treatment cited "one male patient who routinely passed checks during the Yuletide to be able to buy the family presents adequate in the male role...

Author: /time Magazine | Title: Modern Living: The Blight Before Christmas | 12/21/1962 | See Source »

Zigs & Zags. Sorry as it is, the Worker is the most influential of U.S. Communist publications-which range in format from Political Affairs, a sort of Soviet Reader's Digest, to Glos Ludowy (Voice of the Masses), a weekly distributed to 3,000 left-leaning Poles in Detroit. Even if their circulation claims are accepted as genuine, as they cannot be, total readership falls short of 70,000, much of that duplicated. About the only circulation that the Worker can really count on steadily is in official Washington. More than 150 copies are studied by Government agencies, looking...

Author: /time Magazine | Title: The Press: Red but Not Read | 11/30/1962 | See Source »

...Hibbs, 61, longtime editor of Curtis Publishing Co.'s Saturday Evening Post, and Kenneth Stuart, 57, the Post's longtime art editor, are moving to the Reader's Digest: Hibbs as a senior editor, Stuart as art director. The shifts are late echoes of Curtis' serious and continuing financial troubles. Last week, Curtis announced the loss of $15,481,641 for the first nine months of the year...

Author: /time Magazine | Title: The Press: In Motion | 11/23/1962 | See Source »

...PAPER SHREDDER. A new office paper shredder not much bigger than a typewriter comes from Michael Lith Sales Corp. of Manhattan. The Destroyit Super-Speed can digest 500 Ibs. of confidential letters, microfilm, ledger sheets, contracts, blueprints in an hour, is not upset by stray paper clips or staples. It can handle sheets as wide as a newspaper, produces shreds in three widths-depending on the model-which it neatly spews into disposable plastic bags. For businesses where disposal of confidential or secret material is essential, Destroyit does the job on the spot. Price...

Author: /time Magazine | Title: The Marketplace: Build Small | 11/16/1962 | See Source »

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