Time Clock, Feb. 15, 1954

THE "Billion Dollar Club" got a new corporate member last week. Union Carbide and Carbon Corp., whose 1953 gross soared to $1,025,833,041, up 7% over 1952, became the 33rd U.S. corporation to rack up sales of more than $1 billion. One reason for the rise: Union Carbide's rapid expansion in the production of plastics.

NYLON stockings will soon be sheerer. Karl Lieberknecht, Inc. of Reading, Pa., one of the top knitting-machine makers, is producing a new 75-gauge knitter (current highest: 72 gauge) that will turn out the sheerest stockings ever made from 12-denier nylon staple.

A battle for control of the New Haven...

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