Word: ratings
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Dates: during 1950-1959
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...FREIGHT RATE SLASH of 50% is expected after delivery of turboprop cargo planes ordered by Pan American World Airways from Lockheed at cost of $60 million. Scheduled for early 1962 delivery, the twelve Super Hercules planes will carry 35-ton payload nonstop across Atlantic, cruise at 360 m.p.h...
...billion, 15% ahead of the same period last year. Outlays for new private building in July rose to $3.6 billion to push the seven-month total 16% ahead of a year ago. Biggest gains were in home building, which leveled in July at a seven-month rate 32% above last year. So great is the demand for funds to finance home mortgages that Federal Reserve Board Chairman William McChesney Martin Jr. warned: "Overstimulation of building activity under currently developing boom conditions" must be held in check to avoid a later downturn...
Part of the upturn was due to the auto industry's retooling for 1960 models. As automakers began phasing out production of their 1959 models, their production for the year's first seven months stood 49% above that period last year, bringing operations to an annual rate of 6,135,000 passenger cars and 1,200,000 trucks. For automakers, July's" estimated production of 551,200 cars made it the third best July in history...
...socially. Yet their purposefully separated management has driven Kaynar in 16 years from a two-man shop to the world's largest manufacturer of an unlikely combination of products: self-locking aircraft nuts and women's hairclips. Last week, with sales humming on four continents at the rate of $15 million yearly, Kaynar opened a new plant in France to take advantage of the low-tariff common market...
...BUFFALO SOLDIERS, by John Prebble (256 pp.; Harcourt, Brace; $3.95], takes the reader back to the Indian territory (later part of the state of Oklahoma) in 1868, when the bit was tight on both horse and recruit. The pay rate for cavalrymen was "thirteen dollars a month, less twelve and a half cents deduction for the Soldiers' Home," and the odds against a man's getting back from a patrol were a little better than those for eventually getting to the home. The particular buffalo soldiers of the title are an ill-horsed detachment of Negro volunteers...