Word: halfe
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Going into the second half of 1968, the Commerce Department last week reported that in the first six months of the year, the U.S. economy grew at a real rate (i.e., not including inflation) of 5%. In the second quarter, the nation's output of goods and services increased by $19.6 billion, which was only a shade under the first quarter's record $20.2 billion. Corporate profits more than kept up the brisk pace. Among the early reports...
...added up a record-setting quarter, with profits of $213 million, 46% above the same period last year. That brought first-half earnings to $386 million, more than double what the company was clearing in a full year as recently as 1963. Part of the strong surge comes from the fact that the company has increased outright sales (as opposed to leasing) of its computers. Chairman Thomas J. Watson, in a monumental piece of understatement, said "our long-term prospects continue to be very good...
...Allis-Chalmers, the big Wisconsin-based manufacturer, has yet to solve the nagging profit problems that have made it a tantalizing, if so far highly elusive, takeover prospect (latest suitor: Gulf & Western). In the first half of 1968, profits fell 44% from last year's first half (also poor) to a bare $4.6 million on sales of $416 million. Said the company's beleaguered boss, Robert L. Stevenson: "Steps are being taken...
Beinecke, who spent his first summer on Nantucket at the age of two, expects his commercial interests to turn a profit eventually-but money is not his main motive. He plans to turn his commercial holdings over to a foundation that will spend at least half the income restoring and maintaining historic buildings. Along with other off-islanders, he has also bought up undeveloped land for conservation. Basically, he explains, he is trying to preserve the island as it used...
...country with a crying need for technicians, Makerere is turning out more philosophers than engineers. Educators of all kinds are in short supply, but nearly half of the Makerere graduates who have been trained to be teachers refuse to enter the classroom, instead try to join the already ample civil service. In a country where only five in more than 1,000 youths attend college, quantity would seem to be as important as quality, but Makerere maintains a luxurious 8-to-l student-faculty ratio. Uganda's President Milton Obote, a Makerere graduate, has accused the university of being...