Word: rose
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Dates: during 1960-1969
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Most industries turned in extremely mixed earnings performances. Among automakers, General Motors has this year-as usual-been running away with the frenetic sales race; G.M.'s volume rose 20% in the quarter and profits went up 25%. In a time of rising costs, however, static or slightly declining sales quite often have a disproportionately adverse effect on earnings. Ford suffered a 17% drop in profits on an 8% sales slide. While Chrysler's sales rose 1 %, its profits fell...
Reverberating Impact. Oil companies also have fared unevenly, even though they raised gasoline prices in March. Earnings at Standard Oil of New Jersey advanced only 1.6%; profits rose 6% or more at Gulf, Mobil, and Standard Oil of Ohio but fell at Texaco, Phillips and Atlantic-Richfield. Occidental Petroleum recorded an 84% earnings increase, reflecting the rich flow of low-cost crude oil from its Libyan strikes...
Billy Prince rose rapidly and soon established sovereignty over the farthest reaches of the realm. He burnished his Armour by moving into many new fields, like pizza pies and power shovels. Into the coffers, every year for the past four years, poured more than $2 billion. All this good fortune seemed too good to be true...
...balance sheet suggests that Volkswagen could rest easy. In 1968, sales of the world's fourth biggest automaker (after the U.S. Big Three) rose 25%, to nearly $3 billion-and they are running 12% above that rate so far this year. The company's profits advanced 21% last year, to $85 million. Still, VW faces special perils. Revaluation of the German mark (see Money, page 90) could cut into exports by raising prices in foreign countries, where the company does more than three-quarters of its business. VW is also being tail-gated by hustling Japanese automakers. Last...
Died. Ella Logan, 56, diminutive, burry-voiced Scottish lass who rose to stardom in the 1947 production of Finian's Rainbow; of cancer; in Burlingame, Calif. Broadway lit up the instant Ella sang How Are Things in Glocca Morra?, but success was a long time coming-32 years-from the day she toddled on to a Paisley, Scotland, stage to pipe Roamin' in the Gloamin' at the age of two. Besides Finian, she did Sons o' Fun and George White's Scandals, then went on to movies and TV until her semi-retirement...