Word: borrowings
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...African trouble spots with more U.S. business. Last April it began its American expansion by buying the Good Humor Corp. for $8,200,000. The newly acquired Big Board listing will make it easier for Unilever to work stock-trade deals for still more U.S. companies and to borrow additional expansion capital from American sources. Says Co-Chairman Tempel: "We've only got 13% of our turnover in North and South America now. We want more. America's not bad ground...
...recession interest rates has less steam than usual. At the same time, U.S. businessmen already have enough excess capacity so that their estimated outlay on new plant and equipment for this year dropped last week to $34.5 billion. 3% below 1960. This means that industry has no need to borrow heavily. Still another potential squeeze on the money supply-heavy federal borrowing-will be averted if the Kennedy Administration holds to its repeated pledges to balance the 1962 budget...
...pages and forced editorial staffers into mechanical jobs. Milwaukee's other paper, Hearst's morning Sentinel (circ. 196,961), put on so much heft, circulation and new advertising that it was compelled to give many a Journal striker work. For a while, the Journal even had to borrow page mats from the Sentinel (including one theater listing that ended with the embarrassing filler item: "Sentinel Want Ads Bring Results"). Journal circulation dropped...
Some Jelly Sandwiches. For one thing, there was a joint birthday party for Caroline Kennedy, just turning four, and John Jr., 1. On hand were 15 friends and cousins-along with a woolly black monkey named Susie. Hostess Jacqueline Kennedy had hoped to borrow a Baltimore Zoo chimpanzee with a knack for drawing pictures, but she learned that the artist-animal was undependable around children. So Susie was invited instead. She shook hands with the children and mimicked them. After the monkey came other party treats, such as tricycling in the marbled White House corridors and watching animated cartoons...
...counterbalance to the departments. Defenders of the Harvard system point out that the establishment of a new department to offset the fragmentation caused by others has its drawbacks as a measure of logic; and it is difficult to believe that either Harvard or Chicago, having once decided to borrow personnel on a part-time basis from the existing Departments, would have been able to attract men for the new courses without allowing some degree of freedom in both method and subject matter...