Word: generality
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Dates: during 1970-1979
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Daniel Steiner '54, general counsel to the University, said yesterday the University became concerned with the financial state of the 42 Iranian students in the combined undergraduate and graduate schools seven to eight weeks...
...that in the past have led to precipitate tumbles. Inventories in warehouses and on store shelves are lean, although Otto Eckstein, head of Data Resources Inc., notes that the Iranian crisis and fear of an oil crunch have lately moved some businessmen to stock up in fear of more general shortages...
...economy drifts down, the present extremely strong hunger for consumer, mortgage and corporate credit will also ease, causing interest rates to fall. The prime rate on loans to big companies should move down from a peak of 12½% this spring to 9½% a year from now. The general lessening of demand should make a dent in inflation. TIME'S economists expect consumer prices, which surged 9% last year, to go up 8.3% this year and 6.8% in 1980. That certainly would not amount to victory over inflation, but at least the trend would be favorable...
Despite complaints, the new systems are selling well. A T & T has sold 10,000 PBX systems to such corporations as General Electric and Eastern Air Lines since 1975. Though Ma Bell's prices are 10% to 20% higher than most of its competitors, it dominates the PBX market. Contends Dan Hutchings, Bell's PBX marketing supervisor: "We provide more maintenance support for our system, and people will pay a higher price for that sort of quality." The competition has made some inroads, particularly with hotels, hospitals and other institutions that put a higher premium on saving costs...
Daniel Steiner '54, general counsel to Harvard University, said yesterday private clubs in Massachusetts can also choose their membership on the basis of sex. He added, however, that because the clubs at Princeton provide regular food and housing services, "they play a much more integral part in undergraduate life than do our final clubs...