Word: ledger
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Dates: during 1950-1959
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With his own sales down 33% (for Ford) and 65% (for Mercury), Ford President Henry Ford II showed stockholders a first-quarter ledger with earnings off 77% to $22.7 million. Chrysler Boss Lester Lum ("Tex") Colbert had to face up to a $15.1 million loss-the biggest ever-with sales down 53%. Only General Motors President Harlow H. Curtice has anything to crow about. Chevy has bumped Ford out of the No. 1 spot; G.M.'s overall first-quarter sales were off only 11.6%, its earnings down 29.1% to $185 million; G.M. cars, though down in volume, have captured...
...news that the New York Times has never seen fit to print was a statement of its annual earnings and condition. Last week, in a detailed story on its financial page, the Times broke precedent and published its first annual report. With characteristic reserve, the Times announced that its ledger had been kept in good, black ink ever since 1896, when it was bought by the late Adolph Ochs for $75,000. Total profits...
...thirteen winter sports teams stand on the winning side of the ledger as they start their second semester schedule after the exam period layoff. Crimson teams have won a total of 50 contests and lost only 20 thus far this winter for a percentage...
When a crowded passenger train jumped the tracks and crashed in Medford, Mass, one morning last week, the Quincy Patriot Ledger had to race twelve miles farther for the story than the dailies in nearby Boston. Nonetheless, the alert evening Ledger (slogan: "Cover the World and Don't Forget the South Shore") had its expert wrap-up of the story (EXPRESS TRAIN WRECKED ON BRIDGE IN MEDFORD; 2 KILLED, MANY INJURED) in readers' hands long before metropolitan papers got to the South Shore with the story...
...feat was routine for the Patriot Ledger (circ. 44,349), which has its own U.N. correspondent, staffed the Olympic Games in Australia, and sent its own reporter to cover the 1955 summit meeting in Geneva. But the fast footwork of Editor John R. Herbert and staff also typified the vitality of middle-sized dailies across the nation in a David-Goliath competitive struggle that is fast transforming the U.S. press...