Word: motoring
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Just how tight the profit squeeze will get before it eases is a matter of lively debate. Government economists expect an upturn in profits in the fourth quarter. But Ford Motor Co. Economist Dr. T. J. Obal, who believes the current profit squeeze fits the pattern of an economy in the second year of recovery from recession, thinks that "there will be further slippage." Chase Manhattan Bank Chief Economist Wil liam Butler says that the profit squeeze "is very serious as a long-term matter," argues that it will cause a decline in capital expenditures...
...flashy cash-and-carriage world of Hollywood, actors are often known by the cars they keep. The premier model: a Dual-Ghia convertible. Hand assembled in Detroit, with an Italian body and Chrysler motor, the Dual-Ghia cost $7,500 cash (no trade-ins), and only 117 were made from 1957, when it was introduced, until production was stopped 18 months ago. Frank Sinatra got one of the first Dual-Ghias, and members of his clan, Eddie Fisher and Peter Lawford, were not far behind. But when Sinatra called up to order a fourth for Clansman Sammy Davis...
Sahl still spends much of his life in motor cars (he owns three); once a friend borrowed his Lincoln and found in it a huge pile of magazines, dirty laundry and $5,000 in cash. He dates beautiful women sporadically (Actresses Nancy Olsen, Haya Hayareet), has almost outgrown the starlet stage and has outlived a two-year romance with Actress Phyllis Kirk. Sometimes he prefers the company of carhops and waitresses ("Yes, I've worked that beat, too"). With an independent grin, he says: "I feel if you have enough of these healthy interests-watches, razors, automobiles-you will...
...nervous Nazi garrison at St. Nazaire got its answer soon enough. In the wake of the hit-and-run bombers that ominous night in March 1942, a motley armada ghosted in across the broad tidal flats of the Loire estuary. Thin-skinned motor launches flicked their white wakes into the glare of hastily lowered searchlights. Ack-ack gunners frantically cranked their weapons toward zero elevation. Shells screamed across the river, and the water ran with fire as fuel tanks were...
Known as Il Motorino (Little Motor), Fanfani has, in addition to his Christian Democrats, the pledged support of three center parties, the Saragat Socialists, Liberals, and Republicans, ensuring him a majority in both the Senate and Chamber of Deputies without the help of the neoFascists. But any one of the supporting parties could clog up Il Motorino's gas line should he show any of the leftist economic notions or excessive Catholic zeal that have toppled his governments in the past. A major clause in the coalition agreement negotiated by Fanfani provides that if any one of the minority...