Word: june
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Dates: during 1950-1959
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...should like to send my very warm congratulations on the article on the Crown (June 29 Cover). If I may say so, it strikes me as being wholly admirable. It is most comprehensive and at the same time most understanding...
...liked your June 22 story, "Rubbernecking in Russia," since I returned on June 10 from 15 days on the first American bus tour in Russia. I thoroughly enjoyed my stay, and I take exception to "the food is heavy and generally dull." At all times, I liked the Russian food; it was always different, and rather exciting as you never knew what, when or how long it took to be served. We had eggs, fish, cheese, etc. for breakfast...
HIGHEST DIVIDENDS EVER are expected this year. Standard & Poor's found that in June there were 82 dividend boosts (v. 55 a year ago), only four cuts (v. 58) and 13 omissions (v. 40). It believes that "an unusually large number of extras will be voted near the close of the year, making 1959 the best year on record...
Weaning Process. Another firm that leans heavily on the universities is Raytheon, the major missilemaker (Sparrow, Hawk), which was co-founded by M.I.T. Scientist Vannevar Bush and is now bossed by Harvard-bred Banker Charles Francis Adams (TIME, June 23, 1958). Raytheon keeps 30 to 40 university consultants on tap for problems, pays them $75 to $100 a day. Some 128 consultants get up to $10,000 a year ("More than they earn by teaching," says one Raytheon executive...
...they got less than 1% of the swapped stock; in April they stalked off with four others to form Metco (Microwave Electronic Tube Co.) and compete with their former employer. Within nine days they had a plant in Salem, Mass., financing, firm contracts and a production schedule calling for June deliveries of microwave tubes. "Within a year," predicts Founder Richard Broderick, former Bomac treasurer, "we'll have 100 employees. And in three years, we'll be back on the highway...