Word: earners
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Bullock reckons that the median income of the Negro household in Houston has risen from $2,900 in 1940 to $4,016 today. One reason for the relatively high income is that Negro families frequently have more than one wage earner; one family in three has a second paycheck...
...value in purchasing power. On the other hand, had he been able to buy a variable annuity, he would now receive 245% of the initial amount, more than enough to compensate for inflation. Over the long pull, argue the bill's advocates, the variable annuity is a better earner than the old-fashioned type, e.g., during the past 20 years, while life-insurance investments brought an average annual yield of 3.31%, the yield and appreciation on common stocks averaged 10.58% annually. Says Prudential's Shanks: "We believe in the long-run future of our great productive enterprises. There...
Marion Tilton went to work in Japan for SCAP in 1946 to encourage the growth of Japan's silk industry, once the nation's biggest dollar earner. It seemed a hopeless job. A wartime government order scrapping silk looms as nonessential wrecked the industry in Japan, while U.S. scientists wrecked it abroad by giving women a new set of materials which no hard-working silkworm could hope to match...
...that G.M. was the first automaker to accept the labor-dispute umpire system (in 1940), first to hitch wages to the cost-of-living index, first to link wage increases to productivity. Last year G.M. lost an average (nationwide) of only three minutes in labor troubles for each wage earner. Today's happier version of the sitdown in Flint occurs when local U.A.W. leaders, G.M. brass and civic bigwigs sit down at a luncheon meeting to plot the Community Chest campaign...
...Standard Oil Co. (NJ.) in 1932 bought oil concessions under Lake Maracaibo to add to its Venezuelan affiliates. Now the Creole Petroleum Corp. (formed from those affiliates) is the biggest overseas investment in any single country by any U.S. company. It is also Jersey's best money earner, accounting for 48% of the parent company's dividend income in 1954. All by itself, Creole provides Venezuela with about 30% of government revenue. This week, in its fourth study entitled U.S. Business Performance Abroad, the National Planning Association took a searching look at Creole...