Word: caterpillar
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Dates: during 1960-1969
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Indeed, it seemed that stockholders were well educated as to the causes of the downtrend and ready to accept the worst. It therefore came as old hat that such past record setters as Du Pont, Caterpillar, Union Carbide, and Safeway Stores reported earnings slides. After six years of record-high dividend checks, stockholders appeared fat, friendly and eager to be entertained by the corporate hierarchy...
...equally notorious case of Richard Speck, the accused killer of eight Chicago student nurses, whose Feb. 6 trial has been shifted 160 miles southwest to Peoria. To be sure, that city was once called "Nowheresville, U.S.A." But it now boasts the U.S.'s biggest exporter of machinery (Caterpillar Tractor Co.), and welcomes more foreign visitors than almost any U.S. town of its size (pop. 133,000). What makes Peoria a better place to try Speck than Chicago...
William Blackie, Chairman, Caterpillar Tractor...
...just about any other U.S. city of its size (pop. 133,000), and sends its citizens abroad to range the world. The bartender at the Pere Marquette Hotel routinely makes change for pounds, francs or marks proffered by the growing number of international customers of Peoria's thriving Caterpillar Tractor Co., the U.S.'s single biggest exporter of machinery. Peorians attend the new $1,000,000 arts and science center at 21 times the rate for the average U.S. cultural facility. The city has modernized 50% of its downtown area at a cost of $50 million...
...related fields, International Harvester and Bombay's Mahindra are building a tractor plant in India, and De Kalb (Ill.) Agricultural Association, Inc., is about to expand its Punjab seed farm. American Cyanamid is teaching livestock raising in Thailand, Venezuela and 18 other countries. Caterpillar Tractor this month began a land-development demonstration in which it will clear 250 acres of Costa Rican rain forest, build five miles of access roads for farms big enough (25 acres) to feed more than their own occupants...