Word: first
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Dates: during 1950-1959
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...American World Airways Captain Robert Fordyce, a New York-based executive recruiter, takes 20% of the first year's salary of each of the $20,000 executives he places in industry each year...
CASH DIVIDENDS on common stocks listed on New York Stock Exchange rose to record high of $6.7 billion during first nine months, 5.4% higher than in same period...
...FIRST TELEPHONE CABLES between continental U.S. and Puerto Rico are being laid under 1,250 miles of ocean, in joint project by American Telephone & Telegraph Co. and International Telephone & Telegraph Co., at cost of $17 million. Deepest cable in the world (five miles) will be ready for use in February 1960, replace current radio circuits and allow direct dialing for most calls...
...streets of Paris last week, a shopper in search of one of the city's fast-blooming supermarkets stopped at a small butchershop to ask directions. "You mean the plague?" growled the butcher. "It's around the corner." The butcher had reason to growl. Since the first U.S.-style self-service markets opened in Europe a few years ago, "la méthode américaine" has sparked a revolution in food retailing. The familiar cubbyhole specialty store, with its high prices and limited stock, is on the way out. Rising to replace it is the big, flashy...
...drive for bigger and better markets is moving even faster in Italy, which got its first look at U.S.-style retailing three years ago when Grand Union set up a Supermercato at an international food congress in Rome. Virtually every major Italian city has at least one supermarket-and plans for more. Two supermarkets are operating in Turin, two more in Bologna, another two in Naples. Rome alone has seven supermarkets. Last week Italy's big La Rinascente department-store chain jumped into the field, bought Rome's big Supermercato S.p.A. for a reported $750,000, and expects...