Word: willingly
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Dates: during 1960-1960
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VOLKSWAGEN SHARES will go on sale next month to West German families in the lower-and middle-income groups. The shares will be limited to five per family, cost 350 marks ($83.30) each. As a result, 60% of Volkswagen will be owned by small investors; the other 40% will be...
Companies use their foreign profits, plus depreciation funds stored up abroad and local borrowing, to finance most of their expansion abroad, thus do not further aggravate the dollar drain. General Motors, which will spend abroad 25% of the $1.25 billion it has set aside for expansion next year, calculates that...
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...
For many a foot-weary U.S. Christmas shopper, much of the fun begins at home in disguising-and glamorizing-the surprises. Gift wrappings worth some $150 million will be bought to sheathe Christmas presents this year. Never has the U.S. family (which last Yuletide spent an average $3.17 on wrappings...
Palm Tree Christmas. Keeping up with the wrapping tastes of the Joneses, Chicago Printed String has found, depends on where the Joneses live. Southerners, who know few white Christmases, have no use for papers depicting snow scenes and jolly snowmen. Floridians like palm trees on their packages; New Englanders will...