Word: millions
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Dates: during 1960-1969
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...Chase Manhattan and Chicago's Continental Illinois-the Treasury Secretary's old bank. More modest increases were posted by First National City (6%) and Bankers Trust (2%). Some of the smaller banks really soared. Manhattan's Marine Midland Grace increased earnings by 31% to $7.2 million...
...that expanding imports of leather and vinyl shoes-mostly from Italy and Japan -have for years absorbed all the growth in the U.S. market. Since 1955, imports have risen from 8,000,000 pairs representing only a 1% share of the domestic market to last year's 175 million pairs, or about 21% of the market. "No other industry that now enjoys import limitation or even the promise of import limitation can show market penetration of 21%," says Senator Smith. "Seven plants closed in New England during the first four months of 1969 with imports cited as a major...
Shoestring Taxis. According to Washington's National Transportation Safety Board, the little lines have an accident fatality rate of 7.65 deaths per 100 million passenger-miles. The U.S. trunk and regional carriers, by contrast, have a fatality rate of .25 per 100 million passenger-miles...
...networks and about 400 independent TV stations, as well as 6,272 radio stations that subscribe to the N.A.B. code. Many of the non-code stations, which account for 36% of TV and 64% of radio stations, would follow. A complete blackout would mean the sacrifice of some $300 million a year in broadcast ad revenues-about $200 million by TV alone, which depends on cigarette commercials for 11% of its advertising...
Next Target. The industry timetable would obviously ease the shock of ending the ads-which may not be much of a shock after all. Presumably, the broadcasters would also be allowed to phase out those FCC-required free anti-smoking commercials, which take up $70 million worth of air time a year. Some but by no means all of the loss from cigarette commercials would be made up by the fast-diversifying tobacco companies themselves. As they cut back their cigarette ad budgets, they would spend more on their non-tobacco products...