Word: bonanzas
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Dates: during 1960-1969
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However they handle their job, though, most agents are happy enough to participate in the publishing bonanza. But there are many who also fear that the payoff is getting too big for comfort. Says Jim Brown of James Brown Associates: "A man like Scott Meredith has hurt the industry by pressing for unrealistic advances in terms of what he is offering." Echoes Agent Robert Lescher: "I'm in the business of handling creative careers. I don't want a publisher turning sour on a writer because I negotiated too big an advance...
Brown-Paper Bonanza. Apparently it was absurdly easy for Truax to bilk ABAC. The organization had started out as a struggling discussion group seven years ago, depending on small fixed donations from its membership, which now numbers 87 cities and eight Bay Area counties; its financial practices were informal to the point of being nonexistent. In 1965, the new U.S. Department of Housing and Urban Development decided to back ABAG's cooperative philosophy, named the embryonic outfit its regional planning agency and showered it with lucre. All told, HUD gave ABAC $1,080,000, sending checks in plain brown...
Many businessmen still flatly refuse to extend credit to anyone under 21, but the ranks of those willing to take the risk are swelling. And why not? Teen-age consumers not only account for an annual bonanza of some $15 billion, but putting them on the credit rolls seems a good way to capture future customers. As a result, more and more members of the Now Generation are finding it possible to pay later: at stores across the U.S., nearly 1,500,000 teen-agers have their own charge accounts, a 36% increase in just 18 months...
...clerks over the past 18 months. Even so, says President William Fleming of Walston & Co., "there are just not enough trained employees to handle this heavy volume." Other brokers fault the stock exchanges for clinging to manpower-wasting procedures while their members reap a bonanza of commission profits...
Born. To Lorne Greene, 52, honcho of TV's Bonanza, and Nancy Deale Greene, 34, onetime actress whom he married in 1961: their first child, a daughter (Greene has 23-year-old twins by his first wife); in Hollywood...