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...black market operations in Nazi-occupied countries. Sometimes the rewards of courage are handsome. When California's Jergins Corp. was up for sale in 1950, nobody wanted to buy it-nobody but Lehman Brothers, which formed a group that picked up the company for $29 million, renamed it Monterey Oil. Within two years, the Lehman group paid off the full amount by selling some of the company's assets, yet still kept most of the property. The Lehman men built up that property and in 1960 sold it to Humble Oil for $119 million-all profit...

Author: /time Magazine | Title: Books: Money Magicians | 10/28/1966 | See Source »

...West, accompanied by Interior Secretary Stewart Udall. In California, she dedicated Point Reyes National Seashore and almost got trapped by a wave. She switched from natural to artificial beauty long enough to help open the San Francisco opera season. Next day she planted a horse-chestnut seedling at Monterey, then hurried along to unveil a plaque along the Big Sur Scenic Highway near Carmel...

Author: /time Magazine | Title: The Land: America TheMore Beautiful | 9/30/1966 | See Source »

...Mercury Monterey...

Author: /time Magazine | Title: Autos: The Price of Safety | 9/30/1966 | See Source »

...Monterey Jazz Festival in California last week, Composer-Saxophonist John Handy and his quartet launched into their opening number. Crash. A microphone toppled over. Handy tried to recover with a spiraling solo, but just as he built to a climax, the roar of a Boeing 727 jet drowned him out. Handy pressed on, but then the reed in his alto sax went sour, grounding the high-register flights that he plays so well. Undaunted, he introduced Blues for a High Strung Guitar-but wait, where was the guitar player? Unstrung backstage, as it happened, where he had to dash...

Author: /time Magazine | Title: Jazz: Man With a Brain | 9/30/1966 | See Source »

...latin's, Monterey, Calif. Grand dishes, such as bull's head complete with apple in the mouth and eyes intact, and roast imperial Russian wild boar. Boar served only on several days' notice, at $14.75. Also $20-a-plate servings of Chateaubriand, served only to parties of ten or more...

Author: /time Magazine | Title: The East: TWENTY-TWO RESTAURANTS WELL WORTH THE TRIP | 9/23/1966 | See Source »

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