Word: quarters
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Dates: during 1960-1969
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...mama: So for a quarter of a century I went on dreaming about a happy state of affairs, which is unthinkable for a Soviet writer-to be able to write and publish his writings without restriction and without fear. Not to choke off his own song. To have no thought for party instructions, government-appointed editors and political censors. Not to start trembling at every knock on the door. Not to be hiding his manuscripts away in a hole in the ground almost before the ink on them...
Lower Yields. In general, only companies with earnings problems are actually cutting their 1969 spending. Chrysler Corp., whose earnings plunged 51% last quarter, has deeply slashed its $300 million capital-spending plans for 1969. At New Stanton, Pa., construction of a $200 million assembly plant was halted even as the steel was going up. B. F. Goodrich, which is trying to fatten earnings and fend off a takeover attempt by Northwest Industries, plans to trim its 1969 spending. So does International Harvester, which has scrapped plans to expand its network of offices around the country...
...Investors are worried about the likelihood of higher taxes on capital gains and a reduction in the oil-depletion allowance (see THE NATION). Corporate profits are another disheartening factor. Earnings remained at record levels all through the 1966 market slide. This year most companies reported rises for the second quarter, but there have been some major exceptions, notably in steel, autos and airlines (see following story). Compared with the second quarter of last year, earnings fell 17% at Kaiser Industries, 17% at General Motors and 33% at Inland Steel. The general expectation is for little improvement over the rest...
...decline, down as a group by 37% since the beginning of the year. The drop is accelerating: the index of air stocks fell by a startling 11% in five trading days two weeks ago and again by 6% last week. TWA, Pan American and Western Airlines skipped their second-quarter dividends because of sharply reduced earnings...
Wells' energies were legendary. When he decided that people (including himself) did not know enough about history, he produced the three-quarter-million-word Outline of History in a year. Between the time he turned 60 and his death at 79, he wrote 39 books...