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Dates: during 1960-1969
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Died. Harry Elmer Humphreys Jr., 66, president (1949-57) and chairman (1951-65) of Uniroyal Inc., formerly U.S. Rubber Co., third largest U.S. rubber producer, who rose from secretary of Christiana Securities, the Du Pont family holding company, to head the Du Pont-controlled rubber firm, where he overcame a late start in postwar expansion and more than doubled sales (to $1.2 billion) before retiring; of a heart ailment; in White Plains...

Author: /time Magazine | Title: Milestones: Sep. 15, 1967 | 9/15/1967 | See Source »

Died. Ernest Henderson, 70, co-founder and for 30 years boss of Sheraton Hotels, world's largest chain; of a heart attack; in Boston. Sparely built and quiet, Henderson and his Harvarc roommate, Robert Moore, started oui in 1919 with a small import and radio business, then during the Depression gambled $10,000 to buy a faltering Boston investment firm; by taking advantage of low prices, they gobbled up properties that totaled $30 million by 1939-including Boston's Sheraton, which became the namesake of an evergrowing chain of businessmen-oriented hotels that today numbers...

Author: /time Magazine | Title: Milestones: Sep. 15, 1967 | 9/15/1967 | See Source »

...fastback styling and taken on a pair of swept-back wings joining the roof to the rear deck. Plymouth will compete with the Tempest Le Mans and the Mercury Montego by offering a hopped-up Belvedere called the Road Runner. In the big-car field, Cadillac now boasts the largest engine in the industry, though its exterior remains virtually unchanged...

Author: /time Magazine | Title: Autos: An Intermediate Year | 9/15/1967 | See Source »

Beyond Control? With the 7% investment tax credit plus fast tax writeoff on their equipment, most leasing companies show quick profits in their early years. GC Computer, a Greyhound Corp. subsidiary and largest of the five leasing concerns listed on the American Stock Exchange, reported a 47% gain in earnings last year; the price of its stock jumped from 91 to 41 at one point during the spring surge. Levin-Townsend's earnings climbed mightily in the fiscal year ended in March, and its stock price rose from 12 at the end of December to as high...

Author: /time Magazine | Title: Computers: The Leasing Game | 9/15/1967 | See Source »

...recently installed a 5,000-line telephone exchange in Madras, India, won a contract to supply the Hong Kong Hilton with a 1,000-ex-tension automatic phone system. Another rich market opening up is in worldwide satellite communications; ITT (after A.T. & T. the largest stockholder in the Communications Satellite Corp.) recently won the contract to build Indonesia's first satellite ground station...

Author: /time Magazine | Title: Corporations: Double the Profits, Double the Pride | 9/8/1967 | See Source »

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