Word: mccalls
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...discussed last week by Time Inc. Editorial Chairman Henry R. Luce in a speech to the Magazine Publishers Association. The occasion was the M.P.A.'s presentation of the Henry Johnson Fisher Award to Luce for "outstanding achievement in magazine publishing," an award named after the late chairman of McCall's and Popular Science companies. The speech set forth some basic thoughts on the function of magazines that will be of interest to TIME readers...
Ashe thought so too. Unleashing the strongest serve in U.S. amateur tennis, Ashe aced the abashed Osuna 15 times, volleyed with unerring accuracy, and walloped his opponent 6-2, 6-3, 9-7. Beamed U.S. Team Captain George McCall: "Today Arthur became a man. He was under terrific pressure, and he came through...
...Norton Simon. The California industrialist, who has broadened his Hunt Foods into a far-reaching company (TIME cover, June 4), has been a prime stockholder in ABC for more than two years. Last week it was disclosed that he has bought much more stock through Hunt and a subsidiary, McCall Corp., boosting his stake from 6% to 9% of the outstanding shares. He owns 400,000 shares, which makes him ABC's largest holder...
...urgency," said Simon. "We will keep on buying so long as it is a good buy." He insisted that he did not want a director's seat; that Goldenson "leaves me with quite positive feelings about ABC and its future." Television executives, however, remembered the cases of McCall Corp. and Wheeling Steel, in which Simon followed the pattern of investment-takeover-management upheaval. Goldenson seems secure in his job so long as ABC, in an industry that shifts more swiftly than sand, keeps its share of viewers. Whatever happens to Gidget, Tammy or Jesse James...
...McCALL...