Word: midyear
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Sharper Competition. The Common Market economies at midyear are growing at 4.5% on an annual basis.- Britain's growth rate is edging close to the 4% charted by Chancellor of the Exchequer Reginald Maudling, and some economists predict that it will exceed 6% in the second half. Partly because a 2% unemployment rate has steadied labor costs and export prices, Britain's exports in the first half rose 6% over the same period in 1962, its balance-of-payments surplus hit a four-year high, and the pound sterling strengthened...
Tabulating their midyear reports last week, the industry's leaders predicted that they would sell more than 750,000 color sets this year-nearly double 1962 sales. To keep up with demand, Admiral will forgo the usual two-week summer shutdown of its color TV assembly line at Harvard, Ill. RCA, which went it alone during the colorless years, and now sells 55% of all the color TV sets and almost all of the color tubes used by other manufacturers, is spending $11.6 million to expand its plant at Lancaster, Pa. Challenging RCA with new competition, Motorola last week...
...Reports (CBS, 7:30-8:30 p.m.)* Walter Lippmann's midyear report on the state of events, personalities and world forces...
Besides being available, midyear admissions provide a variety of advantages. One is the academic backbone they lend to many small colleges: with fresh applicants, the schools need not flinch at flunking out students for fear of losing tuition income. Another beneficiary is the top-of-the-class high school senior who might as well get an early crack at college. Less qualified high school graduates, on the other hand, need not enter college in the fall, but can wait until midyear and use the time to prepare themselves better. And if they enter colleges with the quarter system, they...
...center sends its list of the colleges with midyear openings to high school guidance counselors who subscribe to the center's reports Cat $22.50 a year). One effect is to undercut a racket that has grown up from the rush for higher education. To the dismay of reputable college counselors, a number of unscrupulous advisers work covert retainers from academically weak, dishonest colleges, charge parents big fees to get dull-witted youngsters into those same colleges-and then get a kickback (10% of tuition) from the college...