Word: drexel
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Dates: during 1960-1969
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RALPH BABUSCI JR. Drexel Hill...
Philadelphia has a lot to be proud of. It produced such notables as Ben Franklin. Bobby Rydell, Frankie Ayalon, and Dick Clark. In addition to being the site of Drexel Institute of Technology, it is the home of the University of Pennsylvania. The Eljer urinal in the CRIMSON bathroom was made in Philadelphia. These accomplishments are certainly enough reason for any city to be a proud one. And Philadelphia, in particular Penn, thought it would add to this fine record this fall with the best Ivy League teams in football, soccer, and cross country...
...shares were offered in the U.S., where the Securities and Exchange Commission does not permit Cornfeld to operate because he refuses to submit to normal SEC scrutiny. Nonetheless, a blue-ribbon team of U.S. and foreign investment bankers underwrote the issue. Led by Manhattan's Drexel Harrison Ripley, the syndicate included France's Banque Rothschild, Britain's Hill Samuel, and Manhattan's Smith, Barney...
...failures to deliver that are 40 to 49 days behind schedule and the penalty rises to 30% on "fails" that go 60 days or more uncorrected. Some firms have been forced to borrow to satisfy this requirement, and high interest charges eat further into profits. For Philadelphia's Drexel Harriman Ripley, Inc., for example, interest paid on borrowed money amounted to 13% of gross revenues in the first half...
Married. Margaret Atkinson Loughborough Biddle, 53, widow since 1961 of former U.S. Ambassador to Spain Anthony J. Drexel Biddle, and duchess of Philadelphia's Main Line; and Colonel Edwinston Robbins, 64, retired Air Force officer and longtime friend of the Biddle clan; in a civil ceremony performed in the Temple University chapel in Philadelphia...