Word: pacing
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Dates: during 1960-1960
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This year some 3,000 U.S. companies will invest about $1.25 billion abroad v. $1.2 billion in 1959 and $1.1 billion in 1958. Altogether, U.S. private investment abroad amounts to about $30 billion, 50% more than U.S. Government investment abroad. While the pace of foreign investments has been stepped up by a scramble to get into the Common Market area before the tariff walls go up, it is based more solidly on worldwide economic growth. Says Basil James, the American sales director of British Aluminium, which is 49% owned by Reynolds aluminum: "American business has become aware that the fastest...
Although scoring only four points, last year's freshman captain settled down a team that has been guilty of extremely sloppy ball-handling all year. He kept the offensive pace moving so that Kelley, Gary Borchard, and Denny Lynch could get free for their shots, and threaded the ball through the Tufts press with hardly a mishap in the final ten minutes...
Gary Borchard has been troubled by fouls this year, and has had to sit out many minutes of playing times. Even so, he leads the team with 55 points in four games, a 14.0 pace. The 6 ft., 4 in forward has become a tough rebounder this winter, and has helped remedy what might have been a touchy situation under the boards...
...Illinois' offbeat Shimer College, once a University of Chicago affiliate, which is stoutly carrying on the ideas of Chicago's onetime boss, Robert Maynard Hutchins. Shimer accepts bright youngsters as early as sophomore year in high school, lets them move through college at their own pace. They get a B.A. in three years, stay on a fourth year for deeper study before moving on to such graduate schools as Harvard and Chicago. This year, when the Educational Testing Service gave exams to college seniors at its 222 affiliates, Shimer College's bright seniors won first place...
...earnings of factory workers kept pace with the living cost, also hit new records in October. They rose to $81.50 weekly, up 50? from September. Because of the cost-of-living index's rise, nearly 1,100,000 workers in the auto and farm-equipment industries will get a 2?-an-hour cost-of-living hike and another 80,000 workers a 1? hourly wage increase...