Word: corp
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Dates: during 1960-1969
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American Motors Corp., which had been the lone holdout in announcing its 1968 increases, led off the week's price play. The company declared an average 3.8%, or $89, boost in its compact Americans (now $1,923 for the two-door model) and medium-sized Rebels ($2,420 for the four-door sedan). Tagging its new Javelin sporty car at $2,459, A.M.C. also boosted the luxury Ambassador line by some $120, to $2,671, including now-standard air conditioning. With that, the company loosed another breezy salvo in its new ad campaign: "Either we're charging...
This year Singleton has reached out to acquire such firms as Pennsylvania-based American Safety Table Co. (industrial sewing equipment), New York's Wah Chang Corp. (rare metals) and Denver's Aqua Tec Corp. (oral-hygiene appliances). That kind of diversification means that Teledyne has thereby reduced its reliance on Government contracts, which now account for only 45% of its business v. 82% in 1964. With profits increasing by an average 190% annually (to probably $20 million in 1967) Singleton's Teledyne holdings have grown from his original stake of $225,000 to about $32 million...
...Irvine Ranch (TIME, Sept. 22) but also Valencia and Janss-Thousand Oaks are being transformed into cities by the families that once only farmed them. Goodyear Tire & Rubber Co. is converting its onetime cotton farm outside Phoenix, Ariz., into Litchfield Park, a planned town for 100,000. McCulloch Oil Corp. has attracted more than 2,500 settlers to its resort-and-industry town of Lake Havasu City in the sparsely inhabited Arizona desert along the Colorado River. Humble Oil's Clear Lake City, which is on 23,000 acres of oil and gas-bearing grassland near Houston, shows promise...
Other sources also seem promising. Increasing amounts of sulfur are being reclaimed from "sour" natural-gas pools in Canada and in France. Elcor Chemical Corp. of Midland, Texas, has hopes of gleaning sulfur from gypsum. And the U.S. Bureau of Mines, Monsanto Co. and others are hard at work to find ways of turning the old fire-and-brimstone villain into a new hero. Those pollutants that belch forth from factory smokestacks can, they insist, be scrubbed to yield a surprising amount of salable sulfur...
Warrendale is the most remarkable documentary in the showing-and perhaps the most unusual film in the entire festival. Produced and directed for the Canadian Broadcasting Corp. (which never aired it) by Allan King, the film portrays life at Warrendale, a home for emotionally disturbed children in Toronto. The story begins as the patients' day starts, showing them in bed, resisting the morning rays of light. Soon the seemingly normal environment explodes with tantrums and shrieks. Each child is shown to be living in an emotional fortress bristling with hostilities: a small boy answers every question with a curse...