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Record-Breakers. G.M. and the other automakers have already turned out 4,240,000 cars this year, a figure that was not reached until late August in the biggest previous production year, 1950. Sales have been at a record clip of 26,200 daily. At June's end, new-car registrations reached 3,500,000, a big 25% above last year's registrations at this time...
...farm jobs have defeated mechanization. Peanuts and sugar cane are now mechanically harvested; there is even a machine to pull, top and load sugar beets. Some 60% of the plow market has shifted from two-bottom to three-bottom plows, which plow three furrows at a clip. Before World War II, a two-row cultivator was considered big; now the large size is four-row. One enterprising Iowa farmer has even welded together enough equipment to make himself an eight-row planter, thus spanning twelve acres an hour at 4 m.p.h. International Harvester has a new Electrall tractor with...
Creative & Destructive. Self Condemned, Lewis' first novel in 14 years, is another rough, tough clip off the old beard...
FRENCH ECONOMIC GAINS are pushing the Paris stock market ahead at an even faster clip than the U.S. bull market, largely because Frenchmen who once sent their funds abroad are now investing at home. Stocks on the Paris Bourse are 240% above the 1949 average, with a $2.3 billion gain since 1952; the averages climbed by 60% last year alone, have soared another 22% in 1955's first four months...
After Churchill was driven from office by the Socialists in 1945, Macmillan, along with Rab Butler, played a workhorse role in modernizing Tory doctrine and preparing the party's electoral comeback. His reward: the Ministry of Housing, where, working a 16-hour-a-day clip, he brought the building of houses in Britain from...