Word: remington
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...only company with the idea of automating U.S. offices. In the fast-growing business equipment industry, such big firms as National Cash Register, Burroughs Corp. and Remington Rand are busy making everything from adding machines to the new electronic computers. But IBM is the biggest of all with 25% of the two billion dollar industry...
...Remington Rand hit the electronic computer market first, with its $1,125,000 UNIVAC in 1951. cleaned up the early contracts. Today Remington Rand has 26 big UNIVACs in various models around the U.S., orders for eleven more. But spurred by President Watson, IBM now has orders for 129 giant electronic calculators; 109 of the orders are for the new 704 and 705, which are bigger and faster than the current Model 702. The big computers will cost IBM more than $1,000,000 each to build, but they will bring the company a whopping income of nearly $50 million...
...Spiritual Society, while normally specializing in the seance, invited Mrs. Garrett to speak to its members and the interested public Tuesday night in the Music Room of the Exeter Theater. Appearing with her was Mista Shabine, a native Haitian princess, who attends Columbia University and makes discs for the Remington Record Company...
Copper Proppers. While its atomic-powered pride, the Nautilus, was undergoing her first diving tests General Dynamics declared a 100% stock dividend, and raised its cash outlay from $1 to $1.10 a quarter: the stock scooted up 14¾ points during the week, to 96⅝. Remington Rand reported a third-quarter net of $5,003,268 v. $3,144,787 a year ago, and its stock jumped 6⅜ points, to 40; giant General Motors reported quarterly net of an estimated $2.50 v. $1.60 m 1953, and near-record earnings of $806 million for the year v. $598 million...
Perhaps seeing the handwriting on the wall, veteran Announcer Dick Stark, who has earned as much as $150,000 a year selling Chesterfield cigarettes. Camay soap. Amm-i-dent toothpaste and Remington electric shavers, is now hard at work studying architecture and will quit broadcasting entirely when he graduates. Another high-income veteran, Ed Herlihy, had this month to make a tough decision: after eight years as announcer on NBC's Kraft TV Theater, Herlihy got the choice of signing an exclusive contract or leaving the show. He decided to stick with his other accounts (Colgate, Oldsmobile, French...