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...cruising on his $2,500,000 yacht Nourmahal after the election (TIME Cover. April 9, 1934). End result: disappointment. When F.D.R. went farther and farther to the left, Astor could not go along, and soon the magazine Today, which Astor had founded along with F.D.R. Braintruster Raymond Moley to boost F.D.R., was calling the Hudson Valley neighbor "an irresponsible radical." Today merged in 1937 with Newsweek, in which Astor held the controlling 60%-plus interest...

Author: /time Magazine | Title: NEW YORK: The Richest Boy | 2/16/1959 | See Source »

...Kansas City, where everything is up to date but seldom ahead of it, barbers formally welcomed the new middle ground (as well as a 25? fee boost, to $1.75). "I think it's a trend, maybe a revolution," marveled Barber Virgil Sherman Holycross, 59, patient servant of teen-age fads for 35 years. "Maybe they all want to look like they're learning to build a Sputnik." "It's sort of like a compromise between being a punk and an egghead," explained Central High Senior Larry Cornine, 17. "Personally I don't want to look like...

Author: /time Magazine | Title: MANNERS & MORALS: Teen-Age Moderation | 2/16/1959 | See Source »

...costs for the U.S., but it brings to P-B exceptionally high profits of 9? per revenue dollar. P-B announced this week that 1958 earnings rose 7% to $4.4 million on gross income of $51.3 million. P-B will split its stock three for one (current price: $92.50), boost the annual dividend rate from...

Author: /time Magazine | Title: CORPORATIONS: Stamp of Success | 2/16/1959 | See Source »

...fourth quarter pushed 1958 earnings to $3.08 per share and a new record, 95% better than last year. Westinghouse. whose sales declined 5.6% largely because of the slump in appliances, had a better-than-good year: by working hard on a cost-control program, it managed to boost earnings to $4.25 per share v. $4.18 last year...

Author: /time Magazine | Title: Business: Fat Fourth | 2/9/1959 | See Source »

...freight, up 6.4% from 1937. American gained 15% (to 95 million ton-miles); United gained 14% and Delta 40%, in the first eleven months alone. The Flying Tiger line, operating largely as a cargo carrier, jumped 25%, to 65.6 million ton-miles and a $12 million gross. The big boost comes from a new approach to cargo by both the lines and businessmen. Instead of relying on emergency shipments of badly needed goods and the small oddball traffic in perishable orchids, baby whales and race horses, the airmen aimed a new pitch at solid production-line items...

Author: /time Magazine | Title: AVIATION: Super Freighters | 2/9/1959 | See Source »

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