Word: willing
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Dates: during 1950-1959
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Railroads. Rail traffic in the first half, said James L. Symes, chairman of the Pennsylvania Railroad, will be 5% to 7% over the first half of 1959, when the rails were still steaming out of the recession.
Automobiles. Detroit is upping its estimate that 6,500,000 to 7,000,000 cars will be sold in 1960, including half a million imports, said W. C. Newberg, executive vice president of Chrysler Corp. No one is now thinking of a range much below 7,000,000 units. Reason...
PHONY TV ADVERTISING will come under closer watch by the FTC and the Justice Department. They have agreed to tighten prosecution against deceptive commercials in the food, drug and cosmetic fields. Convicted advertisers would face criminal penalties of up to $5,000 and six months in jail for a first...
TYPEWRITER IMPORT BAN is sought by U.S. typewriter manufacturers. The Tariff Commission will investigate a petition from Smith-Corona Marchant and Royal McBee asking for a duty of 30% ad valorem per foreign machine, with a minimum fee of $10. Main reason: imports account for a disproportionate 30% of the...
LIFE INSURANCE COMPANY assets will climb to a record peak of $113.6 billion by the end of the year, up $6 billion from last year's high.