Word: millions
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Dates: during 1960-1969
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...Stanley Steamer to the jet," said Cornwell on his retirement, and so he had, starting out as a stock boy in 1905 and climbing all the rungs to the top. He started the move into suburbia and expanded into South America, thereby boosting annual sales from $477 million to $700 million by the time he was ready to step down...
...President's Council of Economic Advisers, summoned reporters to his Washington office and pronounced himself gratified. Spread industrywide, Bethlehem's increase would have filtered through the economy as a $1.1 billion rise in consumer prices. Now, he said, "the American consumer has been saved $500 million in inflation...
...Administration's campaign had begun soon after the Bethlehem announcement. Arguing that a 5% across-the-board increase was unreasonable, Johnson ordered Government agencies to buy steel only from companies that held the price line. Spearheading the attack was the Defense Department, whose 3.7 million-ton annual steel consumption (half of which goes for ammunition) accounts for nearly 4% of the industry's output...
Bucks for the Banks. When its new models hit the showrooms Oct. 1, A.M.C. hopes to do better than just hold its own-though even that is no small feat for a company which last year lost $76 million, held barely 3% of the U.S. auto market. While still short of its 4% market-penetration goal, A.M.C.'s share has risen to 3.14% in a highly competitive year in which both G.M. and Ford have had troubles...
Last week, moreover, A.M.C. reported that in the first nine months of the fiscal year, it earned $17.7 million, compared with a $48 million loss in the same period in 1967. In the third quarter of 1968, the company went $2.56 million in the red, but only because of a bookkeeping loss in the sale of its last nonautomotive division, appliance-making Kelvinator...