Word: beachful
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Dates: during 1940-1949
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Past performance meant nothing. Mike Ferentz, the Long Beach (Calif.) bartender who won last year's championship, got knocked out in the first round. Reporters, who set up press headquarters in the ladies' locker room, were soon calling the tournament "anybody's open...
Though the summer's first heat wave helped the sales of Goodall Co.'s famed lightweight Palm Beach suits, it left Goodall's President Elmer L. Ward cold as a haddock. To clear the decks for a new, improved suit this fall, he decided to slash his "fair-trade" (i.e., fixed) prices by 29%, from...
...letting the apparel trade's Daily News Record in on the secret. News services spotted the trade-paper item and spread the good news to bargain-hungry U.S. consumers. Result: Goodall's retailers could no longer find anyone foolish enough to pay $27.50 for a Palm Beach, had to put the new low price into effect right away at little more than they paid for them...
...Gimo looked fit and rested. He had gained eight pounds during "retirement." From his mountain hideout overlooking a black sand beach on Formosa's southern coast, he had come to give counsel and approval to plans for converting the island into a Nationalist redoubt. China's war had entered a phase of last-ditch peripheral resistance. In the far Northwest, Moslem Warlord Ma Pufang was using his hard-riding horsemen to harry the Communist inland flank (TIME, June 27). From Formosa the Gimo's remnant navy and air force, carrying on a blockade of sorts, were needling...
...rattled off the names of his "friends," including Presidential Military Aide Harry Vaughan ("my closest and dearest friend"), Louis Johnson, and others. Hunt, according to Grindle, claimed that he had swung many deals. Among them was the repurchase from the War Assets Administration of Long Island's Lido Beach Club by its prewar owners, for half of their selling price to the Navy. Hunt's commission: $102,500. (The owners later said it was only '$80,000.) Grindle agreed to pay Hunt $1,000 down, a $500 monthly retainer for a year, and 5% of any contract...