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Chrysler President Lester Lum Colbert predicted that U.S. compact-car sales in 1960 will total 1,250,000 units, noted that by early 1960 the Valiant will have an annual production capacity of about 300,000 cars. Said Colbert: "We are ready with the right car for a big new market. The impact of this new automotive development may be so great that the volume of sales of economy cars will be determined in large part by the manufacturing capacity of the major companies...

Author: /time Magazine | Title: AUTOS: Chrysler's Optimism | 9/28/1959 | See Source »

Chrysler rolled up near-record earnings of $4.90 a share in this year's second quarter, hiked half-year earnings to $6.65 a share on a sales gain of 42% over last year. The news seemed so good to President Lester Lum ("Tex") Colbert that he hastened to warn stockholders against expecting too much in the second half because of lower production schedules and the cost of building and introducing 1960 models...

Author: /time Magazine | Title: Business: Far into the Black | 8/3/1959 | See Source »

...general sessions to be held at the Business School, other phases of high school administrative and educational problems will be discussed by such speakers as Lester W. Nelson, treasurer of The Fund for the Advancement of Education, Wilbur J. Bender, Dean of Admissions at Harvard College, and Matthew P. Gaffney, Roy E. Larsen Professor of Education...

Author: NO WRITER ATTRIBUTED | Title: Education Conference Begins | 7/16/1959 | See Source »

...this line of reasoning, it must be admitted that Berghof has succeeded in doing almost everything he set out to do. His production makes use of the fine two-story basic stage that Robert O'Hearn designed for the Cambridge Drama Festival's shows in Sanders Theatre. High up, Lester Polakov (whose costumes add much to the general lightness and brightness) has affixed a number of white, stylized orange-tree tops. And by having spikes driven into the poles, Berghof has enabled people to scamper up to a third level. In the garden scene where Malvolio discovers the faked letter...

Author: By Caldwell Titcomb, | Title: Twelfth Night | 7/16/1959 | See Source »

Ever since plans for the new compact cars got around Detroit, competitors of General Motors Corp. have been kicking at the rear engine G.M. will use in its Corvair. Chrysler Corp. President Lester Lum Colbert announced that Chrysler's small-car offering, the Valiant, would have its engine "up front, where it belongs." Ford Motor Co., whose small Falcon will also have a front engine, launched TV commercials demonstrating that an arrow weighted at the back end will fly erratically and miss the target, but that a "properly weighted" (i.e., heavy at the front) arrow will go straight...

Author: /time Magazine | Title: AUTOS: Rear-End Rumble | 7/13/1959 | See Source »

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