Word: offsets
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Dates: during 1950-1959
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...Securities & Exchange Commission this week predicted that the money shortage-as intended -will force business to push some expansion plans over into 1957. But far from canceling major expansion plans, many businessmen argued that any possible savings in loan costs in the future would be more than offset by higher-priced labor and materials if they postponed construction. Said Arthur Longini, chief economist for the Chicago & Eastern Illinois Railroad: "We're going right ahead borrowing for capital improvement. We feel that this economy has a built-in inflation. There's too much opportunity for profit right...
Justified Lines. Crisply attractive, the new 5?, 32-page Middletown Daily Record looked different-and it is. The paper is the first sizable venture in daily publishing by a "cold type" photo-offset process instead of conventional letterpress printing. The process uses no hot metal, no Linotype machines, no matrixes or engraved plates. Copy is typed on special typewriters that print "justified" lines, i.e., they fill out each line flush to the right-hand margin. Then it is pasted on a sheet, photographed and printed on an aluminum plate, much as a photographic negative is printed. Mounted on a press...
...expected to approve new version of law, which will increase (from $500,000 to $1,000,000) amount of Government business contractors can do before profits are subject to renegotiation. Law also doubles (from one to two years) period in which company losses can be carried forward to offset their profits...
Industry First. The visitors found that the biggest shortcoming in Soviet building is its overbalance. Top priority traditionally has gone to industrial construction, with badly needed housing a poor second. The Russians have leaned heavily on prefabricated building sections to offset the shortage of skilled labor, hoist them into place with eight-to ten-story-high cranes. Cracked one delegation member: "Anyone who calls it the Iron Curtain is outdated. It's the Concrete Curtain. Brother, do they pour concrete...
...handle the distribution of products developed by our Springdale Laboratories, notably two new types of lithographic plates and the Electronic Scanner. Last month P.D.I. completed negotiations for building a new electroplating plant at Racine, Wis., to meet the demand from U.S. and Canadian lithographers for these hard-metal, offset plates, the "Lithure" and the "Lithengrave...