Word: burnham
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Industrial production is declining, consumer goods are in short supply, and political repression is mounting. That is not usually the kind of record that keeps incumbents secure in office. Yet in Guyana, President Linden Forbes Burnham, 57, felt more than confident that his 16-year-old regime would be returned to office in this week's national elections. As he boasted to cheering supporters of his People's National Congress party, "We are the only [party] that can produce for ourselves a 75% majority after the votes have been cast...
...hardly merits a peacock. In 1976, when Griffiths assumed the throne at RCA, the corporation earned $106.9 million, of which 32% came from the network. Last year RCA earnings totaled only $105.6 million, with NBC accounting for a mere 17%. Said John Reidy, a broadcast-industry analyst with Drexel Burnham Lambert Inc.: "If the broadcast division is not the premiere division in that company, then it is a problem...
...average age of the U.S. cereal consumer. Because of declining birth rates, the number of children 13 and under -still the most voracious breakfast-food eaters - is falling. But adults are gobbling up more cereal than ever. According to a study published by Wall Street's Drexel Burnham Lambert, the biggest increase in morning munching since 1972 is in the 19-to-49 age group. Those 50 and over have also increased their consumption. Says Arnold Langbo, president of the food products division of Kellogg, the industry leader: "Prior to the 1950s it was all family cereals like Corn...
...naivete or ideological partisanship which determines "guilt" of an international development adviser by the regime with which he "associates." In my career in the Agency for International Development (AID), I have worked with such motley regimes as those of Torrijos in Panama, Velasco in Peru, Banzer in Bolivia, Burnham in Guyana and Somoza in Nicaragua. Like most Third World countries, none of them were models of participative democracy. However, they were all serious about development; and in each of them there were people with whom I and our AID mission could work with a clear conscience in ways which might...
Sunshine's 15-year bonds will be sold in $1,000 denominations next March, through underwriters Drexel Burnham Lambert, Inc. The company can redeem them in cash or bulk on. The amount of silver backing the bonds will be related to the spot-market price of the metal on the day of issue. But if, for example, each bond has 20 oz. of silver behind it, when it is redeemed the holder will receive $1,000 or the value of 20 oz. of silver, whichever is greater. The advantage to Sunshine, which recently escaped a bloody takeover attempt...