Word: drexel
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Dates: during 1980-1989
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...photographs permit researchers to mute or intensify colors to help bring out the faintest details. It was during a photographic fine-tuning session, while he was rerunning fairly distant views of Saturn on the TV screen, that J.P.L. Scientist Stewart Collins, working with David Carlson, a visiting student from Drexel University, discovered the planet's 13th and 14th moons...
...hardly merits a peacock. In 1976, when Griffiths assumed the throne at RCA, the corporation earned $106.9 million, of which 32% came from the network. Last year RCA earnings totaled only $105.6 million, with NBC accounting for a mere 17%. Said John Reidy, a broadcast-industry analyst with Drexel Burnham Lambert Inc.: "If the broadcast division is not the premiere division in that company, then it is a problem...
...average age of the U.S. cereal consumer. Because of declining birth rates, the number of children 13 and under -still the most voracious breakfast-food eaters - is falling. But adults are gobbling up more cereal than ever. According to a study published by Wall Street's Drexel Burnham Lambert, the biggest increase in morning munching since 1972 is in the 19-to-49 age group. Those 50 and over have also increased their consumption. Says Arnold Langbo, president of the food products division of Kellogg, the industry leader: "Prior to the 1950s it was all family cereals like Corn...
Sunshine's 15-year bonds will be sold in $1,000 denominations next March, through underwriters Drexel Burnham Lambert, Inc. The company can redeem them in cash or bulk on. The amount of silver backing the bonds will be related to the spot-market price of the metal on the day of issue. But if, for example, each bond has 20 oz. of silver behind it, when it is redeemed the holder will receive $1,000 or the value of 20 oz. of silver, whichever is greater. The advantage to Sunshine, which recently escaped a bloody takeover attempt...
...commodities exchanges, the Chicago Board of Trade and the New York Commodity Exchange. The New York exchange alone currently has futures contracts outstanding for 155 million oz. of silver, but its warehouses contain only about 70 million oz. Warns Jack Boyd, vice president of New York's Drexel Burnham Lambert brokerage firm: "The ownership of the contracts is concentrated in only a very few hands, and there seems to be a definite indication on the part of the contract holders to want actual delivery...