Word: charts
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Dates: during 1960-1960
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...Kingston Trio's Sold Out was anything but. With fond backward glances at Billboard's bestseller chart, where Sold Out last week led all the rest, Capitol Records was keeping all music shops well supplied with the hottest album cut so far by the hottest group in U.S. popular music...
...summer, average out to more than 70% of capacity for the year. Says he: "1960 will be one of the industry's best production years, with a bare possibility of topping the 1955 record ingot output of 117 million tons." Retail sales are still above last year (see chart), and Sears Roebuck Chairman Charles Kellstadt expects his company's 1960 sales to increase 5% over 1959 sales of about $4 billion. The auto industry has a million-car inventory on its hands, only 16% in the fast-selling compacts. Dealers may be worried about selling them, but Detroit...
Bulldozers & Buses. Making liberal use of the big workshops at his disposal, Polich invented dozens of classroom de vices to illustrate the latest engineering and electrical developments for 32 courses. Instead of the standard black board sketches and one-dimensional charts, he mounted cutaway engines on huge boards, indicated power flow by beads, lights and liquids. A model of the fuel-injection system for diesel engines spouts real flames; the school also has a huge cutaway bulldozer that actually works with most of the moving parts exposed to view. "A chart of a missile system in static form would send...
...Standard Oil (N.J.) has dropped from 51¼ to 40¾, Du Pont from 25⅜ to 204¾, General Motors from 50⅜ to 44, Anaconda from 63¾ to 50. While the blue chips have been down, many of the growth stocks have been really scooting (see chart...
Workers' Pinch. Since steel production runs several weeks behind orders, the steel industry's current low production. rate reflects a low point in orders reached in April. On an unadjusted basis, the rate of industry-wide orders has already started to turn up (see chart). U.S. Steel has noted the pickup in orders which, says Roger Blough. "are coming through in good shape." Most steelmen expect a real order pickup in August. By then many industries will have to replenish inventories...