Word: buying
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Dates: during 1960-1969
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...Trauma. For women who have been raised in an Orthodox family, setting up a kosher household is no great problem. But Mrs. Frances Alpert of Highland Park, Ill., whose parents were nonobservant, found it created a domestic trauma. "At first it was a mess," she says. "We had to buy new pots and pans, new baking utensils, a second glass for the Osterizer, a second set of parts for the Mixmaster." Fortunately, her husband is in the housewares business. Even luckier was Mrs. Sharon Baris, a Radcliffe graduate married to a Harvard-educated corporate lawyer. When she and her husband...
...certificates have always had a certain value just hanging on the wall. Christmas shoppers have been known to frame a particularly handsome, ornately engraved share of stock for the man who has everything. Unfortunately, the beauty of certificates lies only in the eye of the holder. To those who buy, sell and keep them in trust, they are a constant headache...
...only are the large sheets difficult to file, but every time a broker places a buy or sell order, the actual certificates must be sorted out manually and delivered to the buyer by messenger. Because stocks have no uniformly accepted identification numbers, a single issue may be assigned one number by the issuing corporation, a second by the broker who is selling, and a third by the broker who is buying. Such hoary habits, coupled with an unprecedented volume in trading, have created so much paper work that the nation's stock exchanges have been forced to close down...
...lead in sales. Texas ranks first both in the total (1,880,000) and percentage (58.3%) of air-conditioned homes. The trend has gradually worked north; New York ranks second in the number of airconditioned homes. Furthermore, when . it comes to window units, families seldom stop at one. Most buy an air conditioner for the master bedroom, later decide that the children ought to have one, too, and so should the kitchen. "They're like peanuts," says a Westinghouse executive. "If you have one, you've got to have another...
...extended the offer to buy, as he had the option to do, he surely would have wound up with the full 2,000,000 shares. Instead, Hughes chose to withdraw his offer. His Hughes Tool Co. cited ABC management's "inordinate opposition" as the cause for giving up. More likely, the main reason was a very personal one-reclusive Howard Hughes's reluctance to show himself in public. Back in 1963, he gave up his right to manage TWA rather than make a court appearance. Now, at ABC's request, the Federal Communications Commission scheduled hearings...