Word: motoring
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CONSTRUCTION of the building will be inordinately complex. During it, traffic must flow on the railroad tracks beneath, on the motor ramps that now cut into the present building. Much of the work will have to be done at night, and materials will have to be hauled underground by flatcar, operations coordinated on a split-second schedule with the movement of trains into and out of the terminal. Says Wolfson: "Problems are normal on my job. There will be just a few more here, but it doesn't bother us." Wolfson's philosophical calm conceals a genuine, almost...
Clair River at Algonac, Mich. Today, from its Pompano Beach, Fla. headquarters, Chris-Craft operates nine plants that produce more than 8,000 boats a year, from 17-ft. runabouts (at $3,335) to 66-ft. motor yachts ($160,000). In the fiscal year ended Aug. 31, 1959, its sales to taled nearly $40 million with earnings of $2,500,000. Sales are running at a rate of more than $50 million a year. Smith will remain as chairman, along with the rest of Chris-Craft's management. Wall Street speculated that NAFI would soon change its name...
Together with Correspondent Edward Behr-who arrived in Algiers on the eve of the insurrection after a month-long motor expedition across the Sahara-White supplied this week's Foreign News section with its muscular narrative of Algiers at the barricades and its vivid portraits of the ex-law student, tough café owner and religious fanatic who have defied the power of Charles de Gaulle. Taken together with the intimate account of the heart searchings of De Gaulle's government supplied by Paris Correspondents Curtis Prendergast and Godfrey Blunden, the result is a comprehensive assessment...
...Ford Motor Co. this week unveiled its second entry in the compact car market and the sixth U.S. compact car: the Comet. Planned as the successor to the defunct Edsel, the Comet is longer (wheelbase: 114 in.) than most other compacts, will sell at less than $100 above the Falcon. Ford hustled to get it out because the compact car market is proving to be the hottest thing that has happened to Detroit in years...
...West Germany aging (25) Dreamboat Groaner Elvis Presley, due for release from the U.S. Army in March, was promoted from specialist four (in a motor pool) to acting sergeant, but will get no pay boost (from his present $135.30 a month) until his promotion allocation is confirmed. Explained his commanding officer, a captain: "He has earned the job. We need a good man right away...