Word: coeds
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Dates: during 1960-1969
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Triumphant Symbol. Teddy bears are precisely 67 years old. The name was attached to a new line of stuffed bruins manufactured by the forerunner of the Ideal Toy Corp. and by Germany's Steiff Co. after President Theodore Roosevelt, on an expedition to Mississippi in 1902, refused to shoot a bear cub. Washington Star Cartoonist Clifford Berryman instantly made the cub a symbol for Roosevelt, and the country went for the notion lock, stock, and bear jokes. (If T.R. is President when he is fully dressed, went one knee-slapper, what is he with his clothes off? Answer: Teddy...
...Economist Henry Wallich, among others, have seriously suggested that mortgage and bond issuers may have to pay variable interest rates tied to movements in consumer prices. Some experts also expect a swing from long to short-term financing. There are signs of that happening already. Executives of Hawaiian Electric Co., for example, last month wanted to-sell $18 million worth of 30-year bonds but, after consulting with underwriters, decided instead to sell an issue maturing in only five years...
...International Nickel Co., the world's largest producer, followed an expensive settlement of a 128-day strike at its Ontario mines by announcing a 24% price increase. The move is bound to have major effects in the U.S. Stainless-steel producers, who use 37% of all nickel, are expected to increase prices shortly, for the third time since January. From nickel-plated auto bumpers to jet engines, many products are sure to cost more...
Last winter, armed with testimonials from druggists, the two men contracted with McKesson & Robbins Drug Co. to market the pill counter nationally. Now 1,900 salesmen are distributing leases at $17.50 a month. RX COUNT has already signed 1,724 leases and its revenues are running at an annual rate of almost $362,000-just for openers. Negotiations to produce and lease the counter are going on in Canada, Europe, South Africa and Australia. Rose-berg, now 56, is talking about a model that will also package the pills, type the labels and present a bill to the customer...
...born loser? Not if he becomes a salesman for Pennsylvania Life Insurance Co., whose president cites this as the résumé of an ideal prospective employee. Penn Life offers such men an income that fairly often exceeds $20,000 and a smothering of somewhat unusual fringe benefits. According to President Stanley Beyer, 36: "We become the teacher who loved him, the mother-in-law who thinks he is great, the coach who gave him nine letters, the boss who wants to make him president...