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...economy. Profits were up in 27 of the 32 industries in Citi-Bank's study, and the list of companies that have reported an after-tax earnings gain of 20% or more in the second quarter is impressive-General Motors, Ford, IBM, Sperry Rand, DuPont, Union Carbide, Caterpillar Tractor, International Paper, B F. Goodrich, Eastman Kodak and Zenith. Small firms in the same fields are often doing even better, according to Michael K. Evans, president of Philadelphia's Chase Econometrics, "'because they were hurt worse in the recession and so are starting from further back...

Author: /time Magazine | Title: PROFITS: A Controversial Comeback | 8/21/1972 | See Source »

...feel for the sensuous camera move, he has become increasingly skillful in cueing his audience by these means to the psychology of his characters. He has become so subtle in his effects that his two major blunders in Junior Bonner--a slow-motion destruction of a cottage by a tractor which is the softest piece of visual agrarian propaganda since The Grapes of Wrath, and a scene in an empty railroad station heightened by the handy entrance of a train--stick out like Irish bulls in a full corral. There is interplay between Ace (Robert Preston) and Mrs. Bonner which...

Author: By Michael Sragow, | Title: Lonesome Cowboy, Wandering Son | 8/11/1972 | See Source »

...first possible moment. Quite a few business leaders, however, have become increasingly devoted converts to governmental guidelines. An especially telling sign of their approval came last week in a report by the Committee for Economic Development, an organization of top-ranking corporate chieftains-including executives of Jersey Standard, Caterpillar Tractor, IBM and Continental Can. The group called for a long-term Phase III that would involve a "continuing, direct Government role in wage and price policies even after compulsory controls are lifted...

Author: /time Magazine | Title: CONTROLS: A Vote for Phase III | 7/31/1972 | See Source »

...Last year he was the highest-paid executive in Hawaii, collecting $174,000. Though he can afford better, he lives in a less than fashionable subdivision on the rainy windward side of Oahu, and has given up golf in favor of gardening and mowing his lawn with a small tractor. Explains Walker: "I crave solitude at times, and golf is a competition amongst men. I get enough of that in eight hours of work every day." But Walker may one day have to give up his enviably relaxed life-style on Hawaii. By the end of 1974, the company will...

Author: /time Magazine | Title: CORPORATIONS: Amfac's Wide Swing | 7/31/1972 | See Source »

L.B.J.'s congressional reputation, on the other hand, shadowed everything he did in the White House. The press recorded his achievements with "dutiful appreciation," writes McPherson, "but as Grand Prix drivers might appreciate a good tractor." He goes on to cite a typical but unfamiliar example of Johnson cultivating his political spinach. L.B.J. once asked a well-known black leader what he was going to tell the press after his visit to the White House. "Just that we talked over some problems of mutual concern," was the answer. "You can't do that," said the President, worried that...

Author: /time Magazine | Title: Books: Pictures at an Inhibition | 7/10/1972 | See Source »

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