Word: ince
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Dates: during 1960-1969
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...order to pinpoint the source of the mysterious Scorpio X rays, a group of scientists led by Physicist Riccardo Giacconi, of Cambridge's American Science & Engineering, Inc., lofted a NASA Aerobee rocket 150 miles above the earth-well above the atmospheric blanket that X rays cannot penetrate...
...Houston's Ernest M. Hall Jr. headed Hall-Sears Inc., an obscure electronics outfit with earnings of $10,781 on gross sales of $95,000. Three years later, Hall merged with a small uranium mining company and became president of the new firm, now known as Westec; its share sold for 4¼ on the American Stock Exchange. For the first half of 1966, Westec announced earnings of $5,345,567 on sales of $31,-693,395; the company's stock soared to a high of 67⅛ in April...
...corporations with sales of $1 billion or more a year form U.S. business' most exclusive club. Last week, noting a mutual dependence on that "ever renewable natural resource, the tree," Manhattan's U.S. Plywood Corp. (annual sales: $541,349,000) and Hamilton, Ohio's Champion Papers Inc. ($456,313,000) announced a merger that, with normal growth, should easily create a new member of the club. With stockholders' approval, Champion Papers President and Chairman Karl R. Bendetsen, 58, and U.S. Plywood President Gene C. Brewer, 52, will head the new family tree-to be known...
JOHN WESTERGAARD Vice President ERA Associates, Inc. New York City...
Demand for paperboard boxes is so strong that producers are amidst their third round in a year of price increases, averaging about 5%. International Harvester quietly raised prices on heavy-duty trucks by an average 2.7% two weeks ago. Last week Owens-Illinois, Inc. raised fall prices by 3% on 60% of its glass containers, which package such things as food, drugs, toiletries and soft drinks. Even the Government joined the trend, as the General Services Administration upped the sales price of stockpiled tin from...