Word: ince
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Dates: during 1960-1969
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Since our subscribers are up to so many things, we are happy that they always have time for TIME. year the U.S. Post Office - handles 76 billion pieces of mail. It is a staggering figure, but perhaps even more remarkable is the fact that Time Inc., spending $25 million a year, accounts for one billion of them. We have worked closely with the Post Office to try and find new and faster ways of processing mail ever since...
This week has been designated National ZIP Code Week by President Johnson and marks the beginning of an all-out endeavor by the Post Office to persuade people to convert to the ZIP code. Time Inc. began using the code in 1963 when the system began, and this week has a series of speakers at work promoting the system around the country. Last year less than 30% of the mail was ZIP coded, this year nearly 50%. Next year the Government hopes for 80%. For TIMEsubscribers the easy way to check for their own ZIP code is to look...
Dark Horse for Latins. The O.A.S. ambassadorship will be filled by Sol M. Linowitz, 52, chairman of Xerox International, Inc. Linowitz, a brilliant businessman and liberal dark horse for this year's Democratic nomination for Governor of New York, has been one of the Administration's leading private advisers on foreign aid, and his Rochester-based company (a wholly owned subsidiary of Xerox Corp., which he also guides as executive-committee chairman and general counsel) has been active in Latin America. Linowitz also becomes U.S. representative on the Inter-American Committee on the Alliance for Progress...
Despite all this, the economy is not so deeply involved in Viet Nam that industry is afraid of peace. Says President Ralph W. Rawson of Firth-Sterling Inc., a Pittsburgh manufacturer of steel for machine tools: "If the war were concluded tomorrow, I think we'd experience a 10% drop in business, but the backlog would be back where it now is within one year." Adds Charles Ducommun, president of Ducommun Inc., a Los Angeles metal supply firm: "A peace market would be a bull market, and most businessmen would happily adjust to it." Manufacturers commonly believe that they...
...when he entered the business in 1907. He was therefore inevitably tab-loided as "the Merchant Prince." The condescending title never fitted the round-faced ruler of New York's Gree ley Square. In the 34 years he spent on the throne, first as president of Gimbel Bros., Inc., and later as chairman, Gimbel personally changed the family firm into an empire that this year will sell $600 million worth of merchandise in 27 Gimbels stores and 27 swankier Saks Fifth Avenue stores. Beyond that, with a zest that lasted almost up to his death last week...