Word: firmed
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Dates: during 1960-1969
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...point where an estimated $4.5 billion worth of undelivered stock was caught in the clotted pipelines. "There aren't enough people, there's not enough space and there's not enough equipment to cope with the volume," said Partner Paul Tobin of the Manhattan brokerage firm of Paine, Webber, Jackson & Curtis...
Size is not everything; FORTUNE also measures profitability. On the basis of earnings as a percentage of invested capital, 180th largest industrial firm Avon Products was the best performer with 37.3%. On the basis of earnings as a percentage of total sales, Amerada Petroleum, the 337th company on the list, ranked highest with 26.7%. By either measure, Polaroid and such drug firms as G. D. Searle, Smith Kline & French Laboratories and Merck were outstanding performers...
Stuffed animals, while accounting for no more than half of that figure, remain the firm's obvious pride and joy. At Steiff's toymaking factories each animal is stitched and stuffed with care. Material for coats is selected to simulate real fur. In sewing on eyes and mouths, skilled workers take pains to ensure that each animal wears a distinctive expression. Some animals are equipped with voice boxes that enable lions to roar, bears to growl and donkeys to bray; many have movable heads and limbs. The continuing purpose is to make them lovable as well as lifelike...
Studying cash salaries and bonuses paid in Britain and five of the Common Market nations, the U.S. management-consultant firm of Towers, Perrin, Forster & Crosby found that, over the past eight years, British executives have slipped from fifth to last place in the pay scale. French and Italian executives now rank at the top, ahead of Germans (who were No. 1 in 1960), Belgians and the Dutch, who happily yielded the cellar to the British...
...innkeeping Dunfey group. Twice a month in a second-floor room of Lamie's Tavern, the only place in Hampton, N.H. with a liquor license, gathers the company's top management team: Board Chairman Catherine Dunfey, 73, and Sons John, 44, president of the family firm, Gerald, 32, Walter, 36, Robert, 40, and William, 42. With a portfolio of some 30 subsidiaries in such varied fields as real estate, insurance, and turkey farming to consider, the agenda often runs right through lunch, dinner and a midnight snack...