Word: buyer
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Some suspender wearers go for out-and-out flash. Lewis Preston, chairman of Morgan Guaranty Trust, wears a pair of bright red braces. Even at Brooks Brothers, the citadel of conservative fashion, suspenders can be found in 28 different colors, from canary yellow to wild pink. Says Assistant Buyer Karen Clark: "Braces are one way these men can be kind of crazy within a perfectly acceptable realm. It allows them a bit of individuality...
...designs in bold, primary colors to foster an image of cleanliness and strength. Vacuum cleaners for the home are light colored, indicating subtly to women that the machines are light in weight and easily maneuverable; a similar model may appear in a bold, primary color when its intended buyer is a man who wants the machine for heavy garage duty. Brands of low-tar and -nicotine cigarettes sport labels with large white areas and light-colored letters to convey a feeling of purity. White on cans of light beer and diet soda connotes low calories...
...price this year was $135,000, paid by Howard Kale for a chestnut mare named Parcha. Breeder and Trader Robijn den Hartog of The Netherlands was the show's major buyer. He says he spent $355,300 for 14 Tersk Arabians. About one-third of the horses sold went to Americans. Some of the rest may eventually be resold to other breeders in the U.S. Before entering the country, the horses must be checked for piroplasmosis, a blood disorder common among Tersk stock. The U.S. will not admit horses that have...
Last week's stamp of approval makes it even more likely that Conrail can be removed from public stewardship and sold to a private owner. The Government is trying hard to do just that. The investment banking firm of Goldman, Sachs & Co. has been hired to find a buyer. During her speaking appearances, Transportation Secretary Elizabeth Dole frequently asks audiences: "If you know of anyone who wants to buy a railroad, please let me know." Now that Conrail is running steadily in the black, the Government will insist that the railroad be sold intact and not piece by piece...
Thanks to Conrail's impressive recovery, it is expected to show a profit of about $1 billion over the next five years. One interested buyer is a group of the railroad's employees, who say they plan to make a bid by June 14. But whatever price the Government gets for Conrail, it will not match the $7 billion investment...