Word: banke
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Dates: during 1960-1969
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...John K. Fairbank '29, Francis Lee Higginson Professor of History and Director of the Center, said Saturday that up to this point the Center has had very limited research programs on Japan and Korea. "The grant will allow us to take a great step forward in these areas," Fair-bank said...
...variety of performers plugging into the bank of amplifiers on the arena stage during five concerts showed how many tributaries the mixed stream of pop music draws on today-from blues (Paul Butterfield) and jazz (Trumpeter Hugh Masakela) to folk (English Singer Beverly) and country and western (Johnny Rivers). Ravi Shankar, whose classical sitar playing has been so enthusiastically applauded and imitated in the U.S. jazz and pop world that he has opened a school for Indian music in Los Angeles, had an entire concert to himself. A capacity audience sat breathlessly silent during his hypnotic droning and twanging...
Maryland Cup does 60% of its business during warm-weather months-and ice cream plays a key part. Says Executive Vice President Merrill L. Bank, 52, who married a Shapiro: "The old days, when you walked into a drugstore and bought a hand-dipped product, are gone forever." Today, packaged ice-cream accounts for 72% of the 800 million gallons sold annually in the U.S. To win that market, Maryland Cup developed the Flex-E-Fill, a 1,200-lb. stainless steel machine capable of packaging 44 kinds of ice-cream products in different sizes at speeds...
...Shapiros seldom argue. "The best thing we have going for us," comments Bank, "is that we're all in different cities." Salaries are generally figured on age levels and are much the same. The family also maintains harmony with an informal "Committee of the Third Generation," which passes on the promotions and salaries of younger members. The unwritten rule is that when one of his children is under committee discussion, the father involved has to leave the room...
...Quaintly enough, the B.I.S. keeps its books in nonexistent gold Swiss francs-which disappeared with devaluation in the '30s. But its profits are real: $16 million last year -partly from lucrative investments, partly from buying and selling gold and foreign currencies for its members. Among other accomplishments, the bank has also managed to defy Parkinson's law. Despite a vast increase in its responsibilities, the B.I.S. staff has grown only 5% (to 206 employees) since the bank's birth...