Word: totals
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Dates: during 1960-1969
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...little newspapers, Thomson's North American agents cast covetous eyes on the Northwest Arkansas Times (circ. 14,825) of Fayetteville. The daily has been in Senator J. William Fulbright's family since 1913; last week it became Lord Thomson's latest U.S. acquisition. It brought the total of Thomson papers in the U.S. to 56-the largest U.S. chain...
...London stands ready to meet the demand. In a three-day sale last week, the world's top auction house knocked down 388 impressionist and modern paintings, drawings, and sculptures, including 34 Picassos, nine Klees, 13 Rodins, nine Légers, seven Pissarros, seven Juan Gris. Total gross: $5,374,479.60, or half again the previous record for a single auction, set by Manhattan's Parke-Bernet Galleries (a Sotheby affiliate) earlier this month...
Thus last week was born a new Chris tian denomination. Product of the largest merger, in terms of total numbers involved, in the entire history of American Protestantism, the new body has a combined membership of slightly more than 11 million (10.3 million Methodists and 745,000 United Brethren). It thus becomes the U.S.'s second largest Protestant body, outnumbered only by the Southern Baptist Convention...
...There is a transition problem of converting to peace," admits CEA Chairman Arthur Okun, "but we think we can handle that." One reason for his optimism is that for all its high price tag, the $29 billion-a-year Viet Nam war absorbs only 3% of the total national output of goods and services-only half the proportion consumed by the Kore an War. The total defense budget today accounts for only 9% of gross national product, compared with 41% at the height of World War II and 13% at the Korean peak. More important, the end of the Korean...
Uneven Impact. Of course, the optimistic view is neither unanimous nor total. Many experts think that unemployment may jump briefly from its present low of 3.6% to a range of from 4½% to 5%. Painful though that would be to the workers affected, the situation would help to curb inflationary pay increases. Chicago Economist John Langum expects a drop in business inventories, corporate profits, personal income and consumer spending to add up to "a moderate recession." In any case, the impact of peace will hit industries, areas and manpower unevenly. Many industries likely to lose war business-autos, textiles...