Word: insur
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Died. Harry T. Griffith, 63, Pennsylvania sales engineer who suffered from bone cancer and, in hopes of stimulating disease-stopping antibodies, took part in a dramatic double-transplant operation (TIME, March 11) in which he traded tumorous tissue with a Tucson insur ance salesman afflicted with the same malignancy; of bone cancer with complications; in Philadelphia...
Behind drawn draperies in a ponderously furnished, strangely silent office on Vienna's Wohllebengasse (Alley of Good Living) lies one of the key outposts of the Communist drive for East-West trade. It is Garant Insur ance, a Russian-owned-and-operated firm set up under Austrian law, and its business is supplying coverage for Western businessmen who trade with the Soviet bloc. In the five years of its existence, Garant has seen its premium income soar from less than $600,000 to $4,000,000 this year; it now does business with some of the best-known manufacturers...
...Steel Hour (CBS, 10-11 p.m.). The Irish Rebellion once again, in an insur rection that has been refought more often than the Punic Wars; with Barry Sulli van, Geraldine Brooks...
Between 1929 and 1948, while the assets of America's 100 biggest corporations grew by about 160%, the banks' capacity to lend money did not keep pace. As a result, they began to lose vast chunks of business to insur ance companies. One answer was to merge, enlarge the permissible loan limit (usually limited, for one customer, to about 10% of total capital funds). Thus, when Dallas First National merged with the National Bank, its permissible loan limit jumped mightily, making it better able to supply the cash for Texas' fast-growing industries...
...Brooklyn dress cutter named Kominsky, 28-year-old Danny Kaye didn't get into show business until he'd been bounced as a soda-jerker for giving his friends free drinks, bounced as an insur ance clerk for making a $40,000 mistake on the books. Then he got a start on the Borscht Circuit in the Catskills, hopped off for Siam and Singapore in a vaudeville act, stayed in the small time until he met his wife. She contrived for him dizzy skits that released all his mimicry, highlighted his genius for making gibberish exciting and hilarious...
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