Word: surpass
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Dates: during 1960-1969
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...quarter scarcely makes a year, but 1965 nonetheless seems destined to surpass 1964, when a record 1,958 companies increased their dividends and total cash payments rose to $19.8 billion. Reason: in addition to higher sales, most companies are retaining more earnings, getting higher investment tax credits and depreciation allowances, and benefiting from continuing corporate tax cuts...
...reached in 1964." Chrysler President Lynn Townsend said flatly that "the industry is now in the process of putting two 8,000,000-car years back to back," estimated that 8,100,000 cars will be sold in 1965. American Motors President Roy Abernethy agreed that 1965 sales will surpass 1964's, predicted that the industry will sell 45 million new cars in the next five years. Henry Ford II topped them all: 1965 sales, said he, "may well be as high...
Alarmed by these inroads-even in Canada, artificial-tree sales will surpass $1,000,000 this year-Canadian tree growers are trying to retaliate with better, less expensive trees. Farmers who cut and sell wild trees for extra income are being edged out by large tree plantations, where as many as a million evergreens are mechanically planted, protected and harvested, then carefully graded by size and shape. To protect their trees, shippers have begun to wrap them in a new plastic mesh that costs about 25? a tree but ensures arrival in good condition. At Montreal's MacDonald College...
Climatized Clients. In Hong Kong, where air-conditioning sales this year will surpass $6,500,000, Engineer James Wu, 43, last week worked on a $2,500,000 third plant for his growing air-conditioner manufacturing business, the biggest in Asia. Wu's China Cold Storage & Engineering Co. turns out Weatherite air conditioners under license from the U.S.'s Westinghouse. His is a rare operation; nearly 90% of the equipment sold in Southeast Asia is imported from the U.S., where Carrier, Fedders, General Electric, Admiral and York have created a profitable market by shipping domestic units with...
...only six weeks, their movie, A Hard Day's Night, has reaped $5,800,000 in U.S. rentals. Ten million Beatle records have been sold, and the group has just attained its third gold disk (each officially designating 1,000,000 sales for a single release) to surpass Elvis Presley's two. Last week Britain's Electric & Musical Industries, the world's largest recording firm and the world licenser for the Beatle disks, also made a record: it announced that sales for its last fiscal year rose 12% to $265 million. The rise, said Chairman...