Word: midmonth
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Chrysler was the only company to start its plan early enough to have an appreciable effect on the midmonth sales total. It posted sales of 23,608 cars, up 90% from the horrendous decline in the first ten days of January- but still 8% down from the same period last year. Says Chrysler Sales Chief Robert McCurry: "It's like the old days, when new car introductions made people excited and enthusiastic...
Greeks and Freaks. One evening at midmonth, there was a good-natured confrontation outside the student union between a group of "Greeks" (fraternity types) and "Freaks" (members of the university's long-hair set). Six city police rolled up and soon were reinforced by nightstick-toting plainclothesmen. There followed what by most accounts was a police riot: the cops went berserk, clubbing students and bystanders indiscriminately. Among the casualties was Senior Richard Winstead, a former all-state basketball star and campus beau ideal. Strolling on the Dekehouse lawn with a date, Winstead was wrestled into some bushes and stick...
...inexhaustible engine, the U.S. economy, last week ticked off yet another record. It completed 80 consecutive months of expansion, equaling the war-fueled record set between 1939 and 1945, and showed no signs of pausing. Later this month, the nation will pass two other important statistical bench marks. At midmonth, the gross national product will top the $800 billion level; the $1 trillion mark is certain to be reached in the early 1970s. And on Nov. 20, at precisely 11 a.m., the Census Bureau's population clock, which records an additional American every 141 seconds, will register 200 million...
...Arlington, Va., with his wife Anna and their children - John, 15, and Caroline, 13 - Astronaut John H. Glenn Jr., 40, returned to the powder-blue crew quarters of Cape Canaveral's Hangar "S." There, one floor below in glassed-off splendor, glistened the Mercury capsule that at midmonth is scheduled to carry the lean Marine lieutenant colonel on three orbits of the earth. As the sobersided ex-test pilot buckled down to his monastic, preflight regimen, his wife and kids decided to wait it out in Virginia. Said Anna Glenn: "We've had a wonderful Christmas - our very...
American Motors' scheme to reward its customers when sales are good seemed to be paying off last week. During the first part of December, in a slipping auto market, sales were only 1.7% above the 1959 rate. After President George Romney announced at midmonth that a $25 U.S. Savings Bond would go to car buyers during a four-month period for every 10% increase in sales over the preceding year, sales shot up, finished 15.9% over December 1959. Last week American Motors began sending out $25 bonds to 34,971 car buyers. Among the recipients: General Motors Corp., which...