Word: near-record
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...attributed the rise to an increase in the number of non-science majors applying to medical schools, plus Harvard's policy of "taking the best men, regardless of their field of concentration." A near-record twenty per cent of this year's entering class were not science majors...
...fall back on. While net profits rose 23.1% between June and December 1956, companies increased dividends by only 2.2% (to 14.1%), retained the bulk of their earnings. As for Japan's consumers, heavy savings from past years (12% of disposable income v.7% in the U.S.) plus a near-record 371 million-bu. rice crop give them plenty of money to spend. Department store sales are up 23% for 1957 despite the credit pinch, and in one rice-rich village on the island of Shikoku in Southern Japan, the population of 300 families bought 300 motorcycles, 300 electric washing machines...
CANDY CRAZE is biting into the diet craze, to the relief of candy makers. After candy-eating dropped to 16.5 lbs. per person in 1954, sudden upsurge this year will push consumption to near-record...
...production increase is exactly what Detroit's automakers hope to achieve for the rest of this year and next. Despite a near-record backlog of unsold 1957 models. Henry Ford II upped his sales forecast of last May by another 200,000 cars, predicted a total of 6,000,000 this year. The company's dealer orders are bigger than the production goals in several lines. Chrysler's cars are still selling well, and even General Motors, whose 1957 Buick and Oldsmobile models have fallen behind, expects no real trouble preparing for major model changeovers...
...down the Cuban economy last week, and quickly discovered that well-paid workers do not become ardent revolutionaries. For six days, workers in pro-rebel Santiago de Cuba held firmly to their spontaneous general strike (TIME, Aug. 12). then gradually drifted back to their jobs. Most Havana workers, making near-record wages, ignored the call. Going up were four new skyscraper hotels. A new superhighway was snaking west from the city along the sea front, and underneath Havana Bay, a 20-lane tunnel needed only five more months of work before it would open up an entire new city-East...