Word: near-record
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...automakers are re-entering the small-car market at a difficult time. G.M. President Edward Cole predicted last week that new car sales in the 1970 model year would remain close to 1969's near-record level of some 9,700,000 units, but Detroit's share of that total has been dwindling. Sales of imported autos in the U.S. will exceed 1,000,000 units in the '69 model year, a 70% increase from 1966, and the trend is still running against domestic producers...
Mannock spent part of the evening reminiscing with an old acquaintance from Viet Nam, Brigadier General John C. Bennett. Merely talking about the steamy mud and mold df the jungle war, while the temperature outside plunged to a near-record -53° F., helped the two men keep warm. It was outside, says Mannock, that trouble took over. "My biggest problem was that my beard kept freezing." For the rest of the story, see THE NATION, "The Coldest...
...miracle remains elusive. Last week the Board of Trade reported that Britain's trade deficit rose to $158.4 million in October-double the September deficit-as exports dropped sharply and imports climbed to a near-record level. The trade deficit for the whole year is now expected to reach $1.68 billion, the highest figure since 1951. As one consequence, instead of achieving the "substantial surplus" in its overall balance of payments that Wilson foresaw, Britain is heading for a $600 million deficit this year...
...profit. Wards' stockholders can swap only one share of Wards for one of holding-company common stock, but they have a strong incentive to do so. Container Corp.'s profits of $32.9 million last year were almost double those of Wards, which netted only $17.4 million despite near-record sales of $1.88 billion...
...most significant legislation was rammed through in the frenetic atmosphere of an eleventh-hour, election-year rush to adjournment. Out of the last minute stampede emerged such major congressional acts as creation of the 89th's second new Cabinet-level agency, the Department of Transportation; a near-record $58 billion defense appropriation; a $3.7 billion anti-water-pollution bill; a $3.97 billion federal college-aid measure; a two-year $5 billion extension of the Food for Peace program...