Word: inc
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Dates: during 1960-1969
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...list of general investments shows that Harvard's most valuable common stock is General Motore; its 275,000 shares -- 133,000 more than last year -- are worth over $26 million. The University also owns sizeable amounts of IBM and Texaco, Inc. ($25 million in each case). Harvard's Wealth-How It's Grown Total Value of Investments 1964-1965: $1,013,751,000 1963-1964: $950,188,000 1954-1955: $444,189,000 Income for the Fiscal Year 1964-1965: $124,416,460 1963-1964: $114,961,529 1954-1955: $42,602,422 Expenses for the Fiscal Year...
...bang of a blown-out spark plug or the crunch of a bent fender makes the U.S. motorist fume, but it is music to Gulf & Western Industries, Inc. As a leader in the U.S.'s $7 billion-a-year market for auto parts, G. & W. lives on breakdowns and damage. It lives well: since 1958, it has multiplied its annual sales 22-fold to $175 million, acquired 57 companies that make products as diverse as guitars, jet-engine parts and survival equipment for spacemen. Last week, in its most ambitious diversification, G. & W. made a deal to merge with...
...Important. The turnaround is largely the result of prolonged prosperity, which not only gives men more money to spend but makes them more conscious of their appearance. "The middle to higher income groups now need a larger wardrobe," says Nicholas Parker, Genesco Inc.'s president for men's wear (Fenn-Feinstein, Roger Kent, Whitehouse & Hardy). This means a more expensive wardrobe: more men now buy suits in the $90 to $150 range, pay $6 or $8 for slacks when they used to pay $4. Leisure time and suburban sociability have caused a sportswear explosion; 125 million pairs...
...ranged afar from auto parts to take over such firms as Chicago's Miller Manufacturing (steel castings and forgings), Connecticut's Mal Tool (aerospace components) and Long Island's Unicord Inc. (musical instruments). Outside of G. & W., Bluhdorn and some other associates in the past two years have bought control of New York City's Ward Foods (TipTop bread) and the Bohack supermarket chain (196 stores). When acting for G. & W., Bluhdorn often uses stock instead of cash to buy out companies, shuns ailing firms. "We have no time to be doctors," he says. The deal...
ALICE'S ADVENTURES UNDER GROUND by the Rev. C. L. Dodgson. 90 pages. University Microfilms Inc...