Word: motorize
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Dates: during 1960-1969
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Discussing auto sales and corporate profits with 1,200 stockholders at their annual meeting last week, Ford Motor Co. Chairman Henry Ford II and President Semon E. Knudsen were in an optimistic mood. They had good reason to be. Auto sales, which accounted for 90% of Ford's quarterly revenues of $3.9 billion, are so strong that Ford's earnings will probably be close to the record year of 1965, when the company broke all sales marks and profits were $703 million...
...process of merging into a colossus that will produce some 22.3 million tons of steel a year and rank second in the world only to U.S. Steel (30.9 million tons). The automaking di vision of Mitsubishi Heavy Industries is being combined with the truck-making Isuzu Motors to form Japan's third largest automaker, after Toyota Motor Co. and Nissan Motor Co. Other mergers are afoot in petrochemicals, electric equipment, heavy machinery, banking and shipbuilding...
...same time, rising city heat helps to create thermal inversions (warm air above cold) that can trap smog for days-a crisis that in 1963 killed 400 New Yorkers. Cars complete the deadly picture. While U.S. chimneys belch 100,000 tons of sulfur dioxide every day, 90 million motor vehicles add 230,000 tons of carbon monoxide (52% of smog) and other lethal gases, which then form ozone and peroxyacetyl nitrate that kill or stunt many plants, ranging from orchids to oranges. Tetraethyl lead in auto exhausts affects human nerves, increasing irritability and decreasing normal brain function. Like any metal...
Tonis refused to identify the youth but said that he was not a Harvard student. The youth, Tonis said, appeared to be stealing a motor-cycle when he was shot...
GORDON CRAIG Designer, Ford Motor Co. Dearborn, Mich...