Word: chaining
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Dates: during 1960-1969
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...Although books poured out of his typewriter as fast as words clicked off his tongue, he was not a theologian but a publicist of theology. His pace took its toll in personal as well as intellectual terms. He admitted at one point that he had become an alcoholic. He chain-smoked so frantically that he sometimes had two or three cigarettes going at the same time. But in recent years he had quit both alcohol and tobacco cold...
Last week the Willot brothers capped their purchases with Bon Marché, France's oldest department store chain, which has 13 outlets with yearly sales of about $80 million. The Willots' offer was $46 million for a 50% interest and control over management. Through the department stores, they say, "we will get closer to the consumer...
Aetna Life and Casualty Co., for example, has formed a fifty-fifty partnership with Kaiser Industries to develop more than 90,000 acres of potential residential and industrial tracts in California and Hawaii that company officials figure are worth about $175 million. INA has also bought 25% of a chain of Eastern nursing homes. "We aren't interested in financing businesses of this kind," explains" President John Gurash. "We are interested in being in those businesses...
...that is an understatement. Through a combination of cost cutting, rate in creases and shrewdly timed expansion, Barren has managed to double the company's profits from $6.6 million in 1966 to $12.2 million last year. In the same period, revenues rose only 18% to $231 million. The chain, which owns, manages or fran chises 67 hotels and inns in 56 U.S. cities, currently has an oc cupancy rate 10% above the industry-wide average of 61%. More remarkable, that occupancy level has been reached despite a 21% advance in Hilton's average room rate from...
...thrown in with adult convicts at the Leflore County prison farm. There a Negro "trusty" named Columbus Williams, who was serving time for assault and battery with intent to kill, was entrusted with a 12-gauge shotgun to guard other prisoners. One day Williams led a chain gang into the countryside to repair a bridge. During a lunch break, he ordered a prisoner to fetch him a rag to clean his shoes. The man refused, and Williams turned to Arthur, who also refused. "It's my lunch time," he said. With that, Williams fired his shotgun from a distance...