Word: forded
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Dates: during 1950-1959
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...mental deficiency genetically determined? Probably so, says California Institute of Technology's famed Chemist Linus Pauling. Last week the Ford Foundation announced that it was betting $450,000 (to be spread over five years) on Pauling's hunch...
...manipulation of these controls, has the Fed clamped down too hard on credit? Most bankers say that companies with solid earnings records and established lines of credit will have no difficulty raising money (though at a higher price) for productive uses, e.g., to expand plants, construct office buildings, etc. Ford Motor Co., for example, raised $250 million for plant expansion last month, but had to pay 4% for the 20-year loan. However, some banks are so short of money that they turn over many of their loans to insurance companies, the last great reservoir of private U.S. capital...
AUTO AIR CONDITIONING boom in '57 models is predicted by Detroit motormakers. Ford says its '57 air-conditioning-unit sales may reach 75,000, three times this year's anticipated...
Short Cut. In Flint, Mich., asked by police why he drove past highway barricades, sloshed his '49 Ford through 300 ft. of freshly laid concrete pavement, Gordon Yelland explained: "I was in a hurry to get home...
...company newspaper to candidates of both parties, prints each party's statements verbatim. Johnson & Johnson, No. 1 U.S. maker of bandages and surgical dressings, has started a nonpartisan political-education program that has prompted 80 employees to hold political office in states where the company has plants. Ford Motor Co. last June sent out letters urging more than 12,000 management-level employees to take an "active, perceptive interest in candidates" and to devote "at least a portion of their available time to the party of their choice...