Word: corp
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Dates: during 1960-1969
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Teaching Materials Corp. New York City...
...edge of bankruptcy three years ago, Pakistan now has some $235 million in foreign exchange reserves, has curbed inflation at home. Ayub stoked up the Pakistan Industrial Development Corp., which starts new industries with government capital, sells them to private businessmen as soon as they are flourishing. The agency helped boost Pakistan's national income some 4% last year. Food grain output has increased almost...
Died. Horace Rowan Gaither Jr., 51, lawyer and investment banker who served variously as assistant director of M.I.T.'s wartime Radiation Laboratory, board chairman of the prestigious Rand Corp. and president of the Ford Foundation, a powerful but little known administrator until he took center stage in 1957 with ' his controversial, still secret "Gaither Report," said to warn of perilous deficiencies in U.S. defenses; of lung cancer; in Boston...
...Step Process. Stratmat's process is the idea of the late Metallurgist Marvin J. Udy. A Montreal millionaire, John C. Udd, became interested nine years ago and formed Strategic Materials Corp. to develop Udy's ideas...
...Crosley, Jr., 74, owner of baseball's Cincinnati Reds, manufacturer of low-cost radios and refrigerators and of the midget Crosley auto, a 30-h.p., $800 precursor of the compacts; of a heart attack; in Cincinnati. A onetime chauffeur and telephone repairman who developed the $22 million Crosley Corp., he moved from venture to venture, never earning more than $20 a week until he hit 30. "If I've batted .300, that's lucky," said Crosley, who batted considerably less with his ball club, saw it win but two pennants, finish in the second division 17 times...