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...ordinary times, U.N. Alloy Steel Corp. would scarcely be a phenomenon to excite Wall Street. Even though the ten-year-old, Boston-based firm, which imports and distributes Japanese and Austrian specialty steel products, showed an 18% return on its invested capital, its profits last year reached only $315,529. It operates with seven warehouses and 30 salesmen. Yet last week, when Alloy Steel brought out its first public issue of common stock, eager buyers not only snapped up the entire 358,150-share offering at $10, but bid the price up to $19 a share in the first hour...

Author: /time Magazine | Title: Wall Street: New-Issue Fever | 6/14/1968 | See Source »

...sure that she would not get past the semifinals that she brought only one dress to Washington. That was her only mistake; at the piano, she was flawless-poised, professional, and in full control of the knuckle-crunching requirements of the Goldbergs.* Second and third prizes were given to Austrian-born Claudia Hoca of Kenmore, N.Y. ($500), and Kiyoka Takeuti of Tokyo...

Author: /time Magazine | Title: Contests: Sex & Bach | 6/7/1968 | See Source »

Destruction artists try to draw their esthetic justification on an odd mixture -the theories on aggression propounded by Austrian Naturalist Konrad Lorenz, Aristotle's idea of dramatic catharsis, and pop-psych. "We're all very hostile," says Ortiz. "The guy who beats his kid, the wife who has affairs. But art becomes a place where one can deal with the most chaotic problems without threatening one's emotional and physical well-being." Whatever the merits of destruction art, Ortiz's grasp of psychology is clearly sketchy, at least by Freudian lights. The master taught that both...

Author: /time Magazine | Title: Exhibitions: Destruction Can Be Beautiful Or Can It? | 5/24/1968 | See Source »

Manager Rudolf Bing turned it down, even after Austrian Chancellor Josef Klaus personally urged him to accept. The New York Philharmonic's Leonard Bernstein and Cleveland's George Szell were approached, but said no thanks. The Hamburg Opera's Rolf Liebermann declined an offer, and feelers were rejected by former Edinburgh Festival Director Lord Harewood and the West Berlin Opera's Egon Seetehlner...

Author: /time Magazine | Title: Opera: Resistance Movement | 5/10/1968 | See Source »

Divorced. Erich Leinsdorf, 56, Austrian-born music director of the Boston Symphony since 1962; and Anne Leinsdorf, his American wife; by mutual consent; after 28 years of marriage, five children; in Juarez, Mexico...

Author: /time Magazine | Title: Milestones: May 10, 1968 | 5/10/1968 | See Source »

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