Word: firmed
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Dates: during 1960-1969
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...report was directed by Jerome C. Byrne, 39, a labor-law specialist and honors graduate of Harvard Law School, whose partnership in the respected Los Angeles law firm of Gibson, Dunn & Crutcher made him seem a sensible choice to investigate the eight months of unrest at Cal. But when Regent Chairman Edward Carter saw the report, he angrily called Byrne a "young, inexperienced guy, unaware of the pitfalls in a university administration." President Clark Kerr buttoned his lip, but was reported to be upset...
...most people, Wedgwood is just their cup of tea. The name of the British pottery firm, founded in 1759, connotes what Steuben does to glass or Gobelin to tapestries. Today Wedgwood, under the direction of the founder's great-great-great-grandson, has kept pace with the 20th century, has a complete line of modern ceramic ware. But the firm still continues to make many of the wares that Josiah Wedgwood originally designed. Not a whit of the craftsmanship that makes Wedgwood endure has changed. A current exhibition at the Paine Art Center and Arboretum in Oshkosh. Wis., brings...
...idea a leading principle." He glazed red figures similar to Etruscan pots onto the matte surfaces of his ironlike black basalt ware. Then he invented what is Wedgwood's most famous ceramic, jasper ware, whose white classical relief on blue body still accounts for a quarter of the firm's output...
...Rising productivity that cuts costs, excess manufacturing capacity (now disappearing) and old-fashioned competition for markets have combined to keep the surge in prices of materials from spreading. In addition, the threat of losing markets to foreign imports and the increasing availability of substitute materials have kept a firm lid on certain crucial industrial prices. The average prices of finished steel are close to their 1959 levels, and the prices of some building materials have recently dipped...
Vine Leaves & Sausage. If the arrangement is ratified by stockholders of both firms-as expected-Waldorf (which has no connection with the Waldorf-Astoria Hotel) will give Restaurant Associates $5,200,000 in Waldorf stock, and thus about two-thirds' control of the combined firm. With sales stuck around $19 million a year for a decade, Waldorf has lost $510,000 over the past three years; Restaurant Associates' sales have climbed 40% to $28 million in that time, produced a $592,000 profit last year. Why, then, should Restaurant Associates want Waldorf...