Word: hawaiian
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Dates: during 1960-1969
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...Angeles Angels' "live it up" Pitcher Bo Belinsky, 26-with a record of 17 losses in his last 22 games-last week was ordered to join the team's Hawaiian farm club. Clearly skeptical about his chance to contribute to the delinquency of the Minors, Bo declared, "I'm not gonna go." When the L.A. management cut off his $15,000 salary, Bo was literally disengaged-except to his fiancée, a grand-slam blonde known around Hollywood as Mamie Van Doren, 30. What next? "Well, there are a few movies coming up," says the handsome...
...esoteric and specialized worldwide market in postage stamps. In Manhattan last week, the costliest stamp in history was auctioned for $41,000 by Bernard Harmer, U.S. partner of London's H. R. Harmer Ltd., the world's leading stamp firm. It is a pale blue, unused 2? Hawaiian Missionary stamp-so called because such stamps were mostly used by Christian missionaries writing home in the mid-19th century-and it replaced the renowned British Guiana one-cent magenta ($32,900) as the world's most valuable stamp. Its sale also proved once again that stamp collecting...
...Chemical Co. to build a factory to make polystyrene foam in Hazelton. Pa., because they bring jobs to areas of chronic unemployment.) The French aluminum producer Pechiney bought control of New York's Howe Sound to gain an exotic-metals business, and the Japanese want Sheraton's Hawaiian hotel because they anticipate a rush of Hawaiian tourist business from affluent Japanese...
...conservative old line growing with the times. But a controlling faction led by three of Hawaii's "Big Five'' companies* prevailed. They sold off Matson's non-shipping properties, including its famous hotels on the beach at Waikiki, and insisted that Matson stick to Hawaiian shipping, on which much of their fortunes depended. Hawaii buys 65% of all its goods from the mainland...
...concentration on Hawaiian shipping made Matson a helpless victim of six Pacific ocean-going unions. Even though its Hawaii run was not subsidized by the U.S. Government, Matson had to follow suit when subsidized U.S. shipping lines gave in to frequent wage demands to avoid strikes. Result: labor now accounts for half of its operating costs on freighters and even more on passenger liners. High operating costs have also led to freight-rate rises of 48% since 1957, prompting many Hawaiian businessmen to blame Matson for the island's dizzily high prices and to shop for alternate shipping lines...