Word: ics
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...which franchises independent muffler installers, opened in Phoenix its 900th muffler shop. The company has also been diversifying to become a force in the burgeoning market for recreational vehicles-campers, trailers and motor homes. Last year Midas reported $225 million in sales, a 39% increase, to its corporate parent, IC Industries, Inc., the company that owns the Illinois Central Gulf Railroad. Midas' earnings are not reported separately, but analysts guess they may be about $23 million annually, pretax. Midas President Ralph Weiger, 52, will not confirm that, but he does say dollar earnings in 1976 were five times...
...cold. A group of council members chose Michael Bilandic, 53, to be acting mayor. A bland, methodical al derman, Bilandic was chairman of the finance committee and the late mayor's right-hand man. Commenting on his origins in a rare display of levity, Biland ic noted that the two-man Croatian delegation in the city council would now lose 50% of its voting strength...
Though unforseen, the rise of the Communist Party is not accidental. Since the late fifties, the party has steadily forged its own particular brand of Communism, substituting gradualist mass politics and a broad electoral appeal in place of proletarian revolution. Since the late fifties--especially after Hungary--the IC has shown increasing independence from Moscow, to the point of regularly denouncing Soviet policies. The grand political design of the party, nurtured by its first post war leader Pamiro Togliatti and continued by current party secretary Enrico Berlinguer, pointed toward the attainment of political power by democratic means. And in June...
...Administration and Democrat ic programs were far apart in many ways. President Ford's program is ex pensive, tough and urgent: it calls for a combination of tariffs, excise taxes and deregulation of domestic-oil and natural-gas prices in order to raise energy costs enough to force a 1 million-bbl.-per-day reduction in oil imports by the end of the year. One main aim: to in crease economic pressure on the OPEC oil cartel by encouraging stringent energy conservation efforts in other oil-consuming countries...
Land-Vest, Ic. paid the University $620,000 in March 1973, for the tract of shorefront property in Chilmark. The company has already received $1.6 million from the sale of 33 of 49 house lots and it could gross as much as $2.4 million if prices hold...