Word: nationale
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Dates: during 1960-1969
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Airline stocks fell especially far last week after Pan American skipped a dividend as a result of a $19 million loss in the year's first five months. Traders were further depressed by a cutback in capital spending at Chrysler and news that retail sales dropped in June for...
Operating earnings climbed 13% at BankAmerica Corp. (the Bank of America), 11% at Chemical New York and J. P. Morgan & Co. and 10% at Chase Manhattan and Chicago's Continental Illinois-the Treasury Secretary's old bank. More modest increases were posted by First National City (6%) and...
To heads of governments, currency devaluation is a devilish thing, to be resisted to the bitter end. It not only dam ages national pride but also depletes the pocketbooks of voters by forcing them to pay more for imported goods and foreign travel. Despite those draw backs, policymakers are becoming...
Shoestring Taxis. According to Washington's National Transportation Safety Board, the little lines have an accident fatality rate of 7.65 deaths per 100 million passenger-miles. The U.S. trunk and regional carriers, by contrast, have a fatality rate of .25 per 100 million passenger-miles.
Blackout. The National Association of Broadcasters' self-policing TV and radio "code-review boards" proposed that the industry begin a gradual phase-out of cigarette commercials over a three-year period starting next January, and eliminate all cigarette ads by September 1973. Adoption of the plan by the full...