Word: millions
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...their dollars as they have been. The new confidence in the dollar has been brought about in part by continued improvement in the U.S. balance of payments position. The nation's payments deficit soared to $1.74 billion during last year's final quarter, then dropped to $606 million in the first three months of 1968. The deficit for the quarter that ended June 30, a Government official said last week, is expected to be "substantially" lower still...
Shifts in Britain's $3.6 billion tobacco industry have bankers and investors doing a not-so-slow burn. It all began when a fight for control of Gallaher Ltd., the industry's second largest company ($940 million in annual sales, 27% of the market), turned into an all-American battle between Philip Morris and American Tobacco Co. With more and more of their industries being bought out by U.S. corporations, Britons were scarcely cheered to see another such move. What bothered them more was the way the takeover was handled. With the aid of two prestigious British financial...
...sweet," said Chairman Mark Norman. "But there comes a time when matrimony is attractive too." Cazenove, which had handled the sale of Imperial's stock in Gallaher (at $2.40 a share) knew just where to find the necessary shares (at $4.20). In one amazing hour of purchases, 12.2 million shares worth $51 million were accumulated in American's behalf...
Manufacturers are already 'looking for other sales. Exports last year climbed to 395,000 units worth $62 million. And William P. Balthrop, president of Chrysler Corp.'s Airtemp division, predicts that boat owners will soon be buying air conditioners in volume...
...General Electric's room-air-conditioner division: "Our children are raised in an air-conditioned culture. They attend air-conditioned schools, ride air-conditioned buses. You can't really expect them to live in a home that isn't air-conditioned." The result is that 18 million American homes, or 31% of the total, have some sort of air conditioning today v. only 9% a decade...