Word: j
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Dates: during 1960-1969
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...high chain-link and wire fence runs the length of the zone; it remains under constant surveillance by U.S. and South Korean troops, who hole up in sandbagged guardposts with grenade launchers and submachine guns. Originally the guardposts were merely lookouts but, points out Captain Harold J. Daub of the 2nd Division, "they are fighting positions...
Britain's Lord Thomson of Fleet has never laid eyes on the Ozark mountains. But ever on the lookout for profitable little newspapers, Thomson's North American agents cast covetous eyes on the Northwest Arkansas Times (circ. 14,825) of Fayetteville. The daily has been in Senator J. William Fulbright's family since 1913; last week it became Lord Thomson's latest U.S. acquisition. It brought the total of Thomson papers in the U.S. to 56-the largest U.S. chain...
...Jean Dubuffet's 1947 Il Flúte sur la Basse, which brought $48,000. Highest bid was $300,000 for Picasso's oval-shaped 1912 cubist painting La Pointe de la Cite. Second most expensive picture was Georges Braque's Homage à J. S. Bach from the same period, which was bought for $276,000 by Manhattan Dealer Sidney Janis, who last January gave his first ($2,000,000) art collection to Manhattan's Museum of Modern Art, and now may be starting all over again...
...West Coast's aircraft industry, and the electronics complex situated around Route 128 near Boston, may well be troubled by the war's end. Yet many of the major defense contractors sound surprisingly cheerful. "Most people think we would suffer if hostilities ended," says Chairman Daniel J. Haughton of Lockheed Aircraft "Just the opposite is true. Only 5% of our business results directly from Viet Nam." Says President G. William Miller of Rhode Island-based Textron: "A 20% cut in our defense contracts could easily be made up with only a 10% increase in our civilian sales...
...Under his leadership, American Home has stepped up diversification. In 1965, the company bought Chicago-based Ekco Products Inc. for $145 million, thus became the world's biggest maker of pots, pans and other kitchen utensils. Then it outmaneuvered Consolidated Foods in a race to acquire candymaking E. J. Brach & Co. It was a sweet victory: Brach's sales jumped 14% last year to $10 million...