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...totals, the biggest share of the U.S. capital was in oil: $1.4 billion. Then followed public utilities. $1 billion; manufacturing, $800 million; mining and smelting. $600 million; agriculture, $500 million. Fastest-rising industry: manufacturing (chemicals, food processing, motor vehicles and machinery), where investment has more than tripled in 24 years...

Author: /time Magazine | Title: THE AMERICAS: Biggest Investment | 10/26/1953 | See Source »

...like Billy's, but they number hundreds of thousands. Famed Neurosurgeon Tracy Jackson Putnam estimates the number of brain-injured persons in the U.S. at as many as 2,500,000. Of these, he says, 13% have cerebral palsy (in which the injury to the brain involves the motor centers), and for them, much is being done. Perhaps 30% are so mentally retarded (often because of birth injuries) that they can be given little but affectionate care...

Author: /time Magazine | Title: Medicine: The Brain-Injured | 10/26/1953 | See Source »

Blitz Selling. Most of the old hands were still in good shape; they went after customers and clinched deals with old-fashioned selling. Packard dealers were making door-to-door calls to line up prospects. The Ford Motor Co. put on a nationwide campaign of "blitz sales." In Seattle, Ford Dealer William 0. McKay advertised that he had to sell 131 cars in 48 hours. The inference was that he would make a good deal, and customers nocked to his showrooms. Without benefit of discounts or special deals, McKay easily sold the cars. In Denver, Ford Dealer Richard Whitfield...

Author: /time Magazine | Title: STATE OF BUSINESS: Too Many Cars? | 10/26/1953 | See Source »

...plane contract, which has been up in the air since the Kaiser Motor Co. lost it. finally came down to earth last week on a broad Maryland runway. Fairchild Engine & Airplane Corp. of Hagerstown, Md. won the contract for 165 twin-engined Chase C-123 Avitruc transports by underbidding four other companies. Its bid, 10% under its nearest competitor, was close to the original Air Force estimate of $276 million for the big, potbellied assault transports...

Author: /time Magazine | Title: AVIATION: The Wayward Avitruc | 10/26/1953 | See Source »

...Luftwaffe have kept a prudent silence. Beset by denazification tribunals, forbidden by the occupation to make plans, the aircraft manufacturers switched their lines to make a living: Messerschmitt turned to midget automobiles; Dornier fell back upon his construction interests in Spain and Switzerland; Heinkel put out machine tools and motor scooters from his Stuttgart factory. Two months ago, they formed an "Aero Union" to handle orders that might be coming from NATO, but thanks to the ban, and to French and British opposition to German rearmament, no orders came...

Author: /time Magazine | Title: Foreign News: Make-Parts Plan | 10/19/1953 | See Source »

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