Word: ratio
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...Theodore V. Houser, who should know what he is talking about because two-fifths of Sears's immense sales are "on time," saw no cause for alarm. Opposing any direct federal controls, at present, Houser said: "The vast majority of people conduct their affairs with prudence. When the ratio of credit extended exceeds the rate of repayment by from 2% to 2.5% of disposable income, a correction occurs on the part of the consumer. Indications are good that a turn downward in the growth of consumer debt is under way right...
...stock is no better buy than many another security. In the auto industry, for example, Ford's book value of $34.40 per share is about twice General Motors' but less than half Chrysler's $73.30 per share value. On the analysts' price-earning ratio, Ford at 65 is selling at eight times its 1955 earnings of $8 per share, midway between Chrysler (seven times earnings at 79⅛) and General Motors (ten times earnings at 43½). As for dividends, Ford has announced that it will start off with a first-quarter payment...
...300B, a new version of last year's 300, which won the 1955 national stock-car association championship averaging 127 m.p.h. With two four-barrel carburetors and a 9:1 compression ratio, the 300B engine is rated at 340 h.p., 40 h.p. more than last year, making it the highest-powered production-line model in the industry. Price: $3,997. The Fury, which uses basically the same shell as the two-door Plymouth hardtop, but is an inch lower and has a 240 h.p. V-8 engine, instead of the regular 200 h.p. engine...
...Harvard-Radcliffe ratio in the Harvard Club of Boston was reduced from infinity to one to 74 to one, when the Club voted to grant 50 members of the Radcliffe Club of Boston attendance at all club functions to which women are normally invited. This has long been the case in Harvard Clubs in most cities...
...contract provided that Ecopetrol will contribute a fourth of the capital investment and Colombia Cities Service Petroleum Corp. (a local subsidiary) the rest. The profits will be split in the same ratio. As is customary, the joint enterprise will pay a royalty to the government, as the owner of the underground...