Word: shared
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Dates: during 1950-1959
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...days are long past when German opinion was hostile to remilitarization: according to a poll, 73% of West Germans favor a German share in Europe's defense. Also disappearing are some of the limitations on German armament manufacturing...
Some papers have shaved overhead by forming cost-cutting business alliances. Tulsa's morning World and evening Tribune, spirited editorial rivals, share the same shop. Papers in three Georgia cities have combined as the Georgia Group, whose ad salesmen sell space at a reduced group rate. In a single plant in Clarksville, Tenn., Publisher James Charlet prints nine papers. In a recent, dramatic example, New York's chain-publishing S. I. Newhouse sold plant and property of his strikebound St. Louis Globe-Democrat to the thriving St. Louis Post-Dispatch, which will print the Globe on contract...
...Sears, Roebuck began distributing handbill ads rather than accept the latest hike in ad rates. Moreover, newspapers, which once enjoyed a hefty 45% of the advertising pie, must compete with television. Last year alone, TV's portion rose 1% to 13% of the pie. The newspapers' 1958 share...
Chrysler's President L. L. Colbert told stockholders that first-quarter earnings exceeded the $1.30 per share reported in the company's best and final quarter last year. Chrysler's retail sales from April 10 to April 20 were the highest in the past 17 months. Colbert said "considerable improvement" in earnings can be expected in the second quarter, when Chrysler plans to boost production to 300,000 cars and trucks, 40% above the first quarter...
American Motors earned $2.10 for its second fiscal quarter, boosting first-half earnings to $5.66 per share v. $1.25 during the same period last year. For the first time since 1954, American returned to a quarterly cash dividend program, declared a 60? payment. With the peak sales season coming up, President George Romney said he "anticipates an even higher level" of production, sales and earnings...