Word: furth
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Dates: during 1960-1969
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...liberal steering group is larger and less defined. It consists of walzer; John Womack, Jr., assistant professor of History; Roderick Furth, professor of Philosophy; Arthur Solomon, professor of Romance Languages; Wassily Leontief, professor of Economics: Juan Marichal; Cary Marx, assistant professor of Sociology: Gerald Holton; professor of Physics and Martin Peretz, assistant professor of Social Studies...
...Maurice H. Seevers. One smoked a pipe: Texas' Dr. Charles A. LeMaistre. Five were nonsmokers: the Army's (formerly Cornell's) Dr. Stanhope Bayne-Jones, Pittsburgh's Dr. Emmanuel Farber, Utah's Dr. Walter J. Burdette, Columbia's Dr. Jacob Furth, Indiana's Dr. lohn B. Hickam. (Halfway through the study, Dr. Terry switched from cigarettes to a pipe...
Died. Albert Lavenson Furth, 60, assistant editorial director of Time Inc.; of cancer; in Manhattan's Harkness Pavilion. A gentle, dryly witty Californian who came East with Hearst's old International News Service, Furth joined TIME in 1930 to write the PRESS and AERONAUTICS sections, in 1936 became a member of FORTUNE's board of editors, became executive editor in 1942, a post he held for 14 years until his appointment as an overall editorial planner for all Time Inc. publications...
...about them. Jack Dreyfus, head of the $109 million Dreyfus Fund, recently satirized the glamour business: "Take a nice little company that's been making shoe laces for 40 years and sells at a respectable six times earnings ratio. Change the name from Shoelaces, Inc. to Electronics & Silicon Furth-burners. In today's market, the words 'electronics' and 'silicon' are worth 15 times earnings. However, the real play in this stock comes from the word 'furth-burners,' which no one under stands. A word that no one understands entitles you to double...
Therefore, we have six times earnings for the shoelace business and 15 times earnings for electronic and silicon, or a total of 21 times earnings. Multiply this by two for furth-burners, and we now have a score of 42 times earnings for the new company." Concluded Dreyfus dryly: "In today's market, studying securities can be fatal. While you're studying them, they're apt to double, and by the time you find you wouldn't have bought them in the first place they will probably have tripled...