Word: current
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Dates: during 1950-1959
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...even more -in contrast with the $12.6 billion deficit piled up in just-ended fiscal 1959 and the skimpy $100 million surplus estimated in the fiscal-1960 budget. As Administration economists and budgetmakers see it, spending in fiscal 1961 will creep up to about $80 billion from the current year's $77.5 billion, but the soaring economy may produce revenues as high as $86 billion. If so, President Eisenhower, when he unveils his new budget in January of election year 1960, will be able to point to a hefty surplus to use for denting the national debt or nicking...
...virus vaccine outlay to $8,000,000, build new production and testing facilities to produce annually 40 million oral doses of vaccine that offer immunity to the three types of polio viruses (TIME, March 16). Lederle has tested the live-virus vaccine on 700,000 people, is hopeful that current tests in South America and the U.S. will prove its effectiveness and safety. Said Lederle General Manager Lyman C. Duncan: "The day is nearing when every newborn infant will be given half a teaspoonful of a clear liquid in his formula or drinking water before he leaves the hospital, which...
...objective is to conclude a contract that will involve no increase in the overall employment costs of the company," said Republic Steel's tough, plain-talking President Thomas Patton on TV's Meet the Press. Not only does the current contract provide high wages and benefits, contended Patton, but it also leaves plenty of room for further wage boosts through job promotions and incentive pay. Patton's proof: since contract negotiations opened just two months ago, average hourly wages have jumped from...
...These plants add up to the biggest and fastest-growing science-based complex* in the U.S., and provide the nation's most impressive proof of the vast new industrial potential of the electronics and space age. Beyond that, they are a dramatic demonstration of the fact that behind current new industrial development lies one key factor: new ideas...
...would have taken years to build. Though most of its work is classified, and identified only as "graphic retrieval,'' its stock soared from about $1.60 to $60 in a year, counting splits. Among other things, Itek (for "information technology") makes information-processing systems, works in photochemistry, electromechanics. Current sales: $30 million a year...