Word: marcus
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Last January the Christian Century began a four-part series on U.S. Christian cults and soon began to regret it. Author Marcus Bach, writer on offbeat religions (Strange Altars), was treating his subjects so sympathetically that sect-shopping Century readers were writing in to ask how they could get in touch. Managing Editor Theodore A. Gill, a staunch Presbyterian, grimly published all the articles-on Psychiana, Jehovah's Witnesses, Unity and Baha'i; then he tore off an editorial taking the sects apart...
...drive them back with drawn swords. At a huge reception in the Louvre many of the 2,000-odd distinguished guests vied with each other for vantage points on the pedestals of world-famed works of art as museum guards shook their heads in despair. "I expected Marcus Aurelius to topple over on me at any moment," said one grande dame nervously. As the party broke up, even the footmen and wine stewards toasted the great occasion in surplus wines and spirits...
Kicking off its annual spring promotion next week, Nieman-Marcus of Texas will spend more than $250,000 on lavish circus-theme extravaganzas for its stores in Dallas and Houston, will cover floors with sawdust, fill windows with monkeys, send clowns cavorting among customers. To publicize Eagle Food Centers, a grocery chain with 29 supermarkets in Iowa and neighboring states, Joe Louis was hired last week to demonstrate basic boxing blows in rings set up in the chain's parking lots, give inspirational talks to young customers, stressing right living and good (i.e., Eagle) eating. Ex-champ Louis will...
...Faces. Last week Hyman Marcus, at 42, moved upstairs to become board chairman of U.S. Hoffman. In came a group of new faces. Charles E. Stahl Jr., a 42-year-old Westchester County banker, will become president, and onetime U.S. Director of Price Stabilization Michael Di Salle chairman of the executive committee. Among the five new directors on Hoffman's nine-man board: Eric Johnston, president of the Motion Picture Association of America. Stahl and Di Salle will buy Marcus' shares (reported to be about 200,000) in the corporate name, and gain working control of the company...
Chief reason for the sleigh ride in Hoffman stock was clear last week. Though Marcus announced last January that., Hoffman's earnings for the first nine months of 1956 were $1.51 a share, the year's earnings turned out last week to be only 43? a share, about one-third of 1955 earnings. There also was evidence that large blocks of stock had been dumped on the market by some who had traded their companies for Hoffman stock. Originally, they had promised to hold the stock for investment purposes. But later some of them had a change...