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...brass, determined its elasticity by measuring the speed at which sound passed along it. Explains Mollö-Christensen: "They can do it any way they want to-so long as they find out." On another project, two students chose to study the "time constant for cooling a bottle of Coca-Cola in ice water." They thought it would be a cinch-all they would need was a thermometer and a stop watch. But they found out differently. "It depends on whether you shake the bottle," says Mollö-Christensen. "Remember that little twist the wine steward gives the bottle when...

Author: /time Magazine | Title: Science: This Is M.I.T. | 4/7/1961 | See Source »

...than in the U.S., thanks to lower costs and rapidly growing markets. H. J. Heinz makes half its sales in foreign markets, and this half produces two-thirds of all Heinz profits. Chesebrough-Pond's gets 57% of its profits from the 40% foreign slice of its sales, Coca-Cola 40% from 35%, Colgate-Palmolive 64% from 51% and International Telephone & Telegraph 75% from 60%. In most of the industrialized free-world countries, there are few or no restrictions on returning profits to the firm's home country...

Author: /time Magazine | Title: THE INVESTMENT FLOW.: THE INVESTMENT FLOW | 12/19/1960 | See Source »

Pepsi shelled out some $300,000 to send Satchmo and the All-Stars on the tour to promote five new West African bottling plants worth $6,000,000, help Pepsi in its war with Coca-Cola. The plants are owned and operated by Africans under license from Pepsi-Cola, will have a capacity of 8,000,000 cases of Pepsi a year. In changing West Africa, where the people love sweet, fizzing drinks and where foreign businessmen are finding that they must hard-sell for the first time, Satchmo's long-holding C note was an advertising message understood...

Author: /time Magazine | Title: PROMOTION: Akwaaba, Satchmo | 10/31/1960 | See Source »

Inherit the Wind (Stanley Kramer; United Artists). On July 10, 1925, at the height of a heat wave that fairly boiled the Coca-Cola in the jury's veins, a 24-year-old school teacher named John Thomas Scopes went on trial in the hill-country town of Dayton, Tenn. ("the buckle of the Bible Belt") while half the world wondered and a fair cross-section of it sat sweating in the courtroom. The charge: that Schoolteacher Scopes, by propounding Darwin's theory of evolution to his classes, had violated a Tennessee statute that refused him the right...

Author: /time Magazine | Title: Cinema: The New Pictures, Oct. 17, 1960 | 10/17/1960 | See Source »

...COCA-COLA and MINUTE MAID are talking merger. In first major diversification move in its 74-year history, Coca-Cola offers to swap about 900,000 shares of its stock (current value: $59 million) for all of Minute Maid's stock at the rate of 2.2 shares of Minute Maid for one of Coca-Cola...

Author: /time Magazine | Title: Time Clock, Sep. 19, 1960 | 9/19/1960 | See Source »

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