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Word: telegraphs (lookup in dictionary) (lookup stats)
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...anxiously eying a growing backlog of unsold compacts in showrooms and on snow-packed car lots. The cost of living edged upward by one-tenth of 1% in December, bringing it to a record high. The stock market was strong but erratic: rails drooped badly even while American Telephone & Telegraph shares reached an alltime peak...

Author: /time Magazine | Title: The Nation: Expectancy | 2/3/1961 | See Source »

...pundits around the world were already debating the deeper significance of their adventure. DETENTE. THE HORIZON CLEARS, cheered headlines in Paris' L'Humanité. "We welcome this action as removing one obstacle to Soviet-American relations," said a British Foreign Office spokesman. The London Daily Telegraph was more skeptical, and more realistic: "We should not forget that it has for many years been the practice of Soviet diplomacy to take up indefensible positions, and then to expect gratitude when some small retreat is made from them...

Author: /time Magazine | Title: The Cold War: Return of the Airmen | 2/3/1961 | See Source »

...Moritz, Switzerland. Reason for her visible dismay was the performance of the team captain of the Royal Scots Greys-her son, the Duke of Kent, 25. The duke fell twice in the downhill, each time losing a ski, was disqualified in the slalom. Straight-faced the London Daily Telegraph: "The duke was none the worse for his experience...

Author: /time Magazine | Title: People: Feb. 3, 1961 | 2/3/1961 | See Source »

...American Telephone & Telegraph, the world's biggest company, scored the highest profits ever made by any company in a twelve-month period. Net for the year ended Nov. 30 was $1,244,000,000, or $5.52 per share, v. $5.16 per share the previous year (former record: General Motors' $1,189,000,000 in 1955). Fourth-quarter earnings were $1.40 per share v. $1.33. The company's operating revenues were also a record, $7.9 billion, up from $7.4 billion. Reasons: an increase of 2,800,000 in Bell telephones in use to a 60.7 million total...

Author: /time Magazine | Title: Business: Against the Current | 1/20/1961 | See Source »

...there was little comfort in all the new records. The nation worried about a host of new economic problems for which there were no quick solutions; at home and abroad, it was buffeted by the winds of profound change. Frederick R. Kappel, president of American Telephone & Telegraph Co., spoke for many U.S. businessmen when he said: "We have more problems than we realized we had." As it entered 1961, the U.S. was caught in a business downturn so mild by past standards that economists vied with each other to give it a new name. But, mild or not, the recession...

Author: /time Magazine | Title: Business In I960: Tough Prosperity | 1/6/1961 | See Source »

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