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...record $292,223,000, or $1.32 per share v. $1.21 per share in the same period last year. In his quarterly letter to A. T. & T.'s 1,700,000 stockholders, company President Frederick R. Kappel said that new telephone installations for the first quarter would probably exceed 750,000, slightly more than a year...

Author: /time Magazine | Title: Business: A. T. & T. Shows the Way | 4/18/1960 | See Source »

...Auto production for March, despite minor cutbacks, is scheduled to exceed February production, reach 667,900 units, best March since the alltime high of 794,105 in 1955. The heavy production will leave the industry with its first million-car inventory of dealers' stocks, but the oversupply is a calculated buildup for what dealers hope will be a heavy spring demand...

Author: /time Magazine | Title: STATE OF BUSINESS: Early Spring | 3/28/1960 | See Source »

Yankee New Hampshire (pop. 592,000) seemed hardly that important. Its voice in the national electoral college (four votes out of 537) is small; its registered voters (325,710) barely exceed those of the city of Milwaukee, are only half the number of the employees of General Motors and their families. Yet individualistic New Hampshire is traditionally 1) the first of the 50 states to indicate a presidential choice, and 2) a political Ouija board that fascinates politicians, and sometimes foretells political events to come. New Hampshire's early primary elections mark the end of the beginning...

Author: /time Magazine | Title: THE CAMPAIGN: End of the Beginning | 3/21/1960 | See Source »

...nation has developed great arsenals of powerful weapons . . . ample for today and constantly developing to meet the needs of tomorrow." But at the same time, U.S. Government and industry pumped $1 billion into Latin America last year alone, and "our outstanding loans and investments in Latin America now exceed $11 billion." Then he blasted the Kremlin's recent unguided missives of propaganda aimed at Cuba: "Very recently in a faraway country that has never known freedom-one which today holds millions of humans in subjugation-impassioned language has been used to assert that the United States has held Latin...

Author: /time Magazine | Title: THE PRESIDENCY: The Man & the Purpose | 2/29/1960 | See Source »

...busy as alchemists in their laboratories, U.S. economists last week gazed upon the bubbling statistics of U.S. business, tried to discern exactly what they meant. Before the Joint Congressional Economic Committee, four top economists forecast that business activity in 1960 will certainly meet-and perhaps exceed-the rosy predictions made in the President's Economic Report. George Cline Smith, chief economist of F. W. Dodge Corp., and Peter Henle, assistant research director of the A.F.L.-C.I.O., agreed that Ike's forecasts of a national output of $510 billion in 1960 is right on the line. Martin R. Gainsbrugh...

Author: /time Magazine | Title: STATE OF BUSINESS: Reading the Signs | 2/15/1960 | See Source »

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