Word: firmed
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Dates: during 1960-1969
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...scrapping the ambitious Gothic plan drawn up in 1911 by Architect Ralph Adams Cram. He in turn had drastically revised the original Byzantine-cum-Romanesque church whose cornerstone was laid in 1892. Instead, the trustees of the diocese have approved a more modest program for completion submitted by the firm of Adams & Woodbridge. In place of the spire-topped 500-ft. Gothic tower that Cram envisioned at the crossing point of nave and transepts, the new design recommends a dome made of concrete louvers alternating with panels of colored glass. The transepts have been modernized in the new plans...
...year ago, Millionaire Investor-Sportsman Robert B. Evans began buying up nearly $3,000,000 worth of American Motors Corp. stock figuring "what a deal it would be if I could turn that company around." Last week, reporting A.M.C.'s 1966 operations as the auto firm's principal stockholder and its chairman since June, Evans showed that American has farther than ever to turn. After a modest $5,200,000 profit in 1965, the company came out with a $12.6 million loss for the fiscal year ended in September - and in the red for the first time...
...them and their management like so many cards. Last week he was shuffling for all he was worth. First, he announced that he was relinquishing the post of board chairman of Wheeling Steel, which he has held since Hunt Foods acquired a major interest in the West Virginia steel firm in 1964. Next, in an unrelated move, he arranged the appointment of Colgate-Palmolive Executive Vice President David J. Mahoney, 43, as new president and chief executive officer of Canada...
...Israeli bottling franchise to Manhattan Banker Abraham Feinberg, who is also president of the Israel Development Corp., which promotes Bonds for Israel. RCA angered the Arabs by allowing phonograph records to be pressed in Israel. The move against Ford resulted from a licensing agreement allowing an Israeli firm, Palestine Automobile Corp. Ltd., to assemble British and American Ford trucks and tractors for the Israeli market...
...proposing" (which in this case is a euphemism for ordering) the merger of the two to the House of Commons, Minister of Aviation Fred Mulley argued that the new, merged firm would put the ailing British aircraft industry right back into a "competitive position in world markets...