Word: nickels
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...purple and pleasant plastic bursar's card will soon go the way of mastodons, maid service, and the nickel beer. Starting in September, all Harvard students will be issued identification cards carrying the bearer's photograph, signature, and board contract status...
Perhaps the most obvious change in Australian life has been spurred by the mining boom of the past five years, which has more than offset the steady decline in farm income. There have been sizable finds of uranium, copper, lead, zinc, nickel, oil and natural gas. A huge bauxite mine is being developed in the remote Arnhem Land in the Northern Territory. But the center of the expansion lies in Western Australia, which occupies 1,000,000 sq. mi. and has about as many residents. At Kalgoorlie, where Herbert Hoover once managed a gold mine, vast nickel strikes have revived...
Cutting the Dividends. It will take more than grumbling at the club to lift the steel industry out of its trough. Prices for raw materials have risen sharply since 1968; nickel and coal have gone up 40%. Steel's earnings amount to only 5% of stockholders' equity-dead last in a field of 22 top manufacturing industries. Most companies have cut their dividends by one-third this year. Even so, the salaries of top steel executives are often huge. U.S. Steel Chairman Edwin H. Gott, for example, last year collected a salary...
...homeward leg of Rogers' hectic tour, TIME Correspondent, Herman Nickel, who accompanied the Secretary of State, concluded that the trip had accomplished much. U.S. spokesmen felt that they had persuaded both sides that it was essential to keep talking peace to achieve peace. Cabled Nickel: "Rogers succeeded in putting official U.S.-Israeli relations on a more businesslike, less sentimental and chummy basis. This required considerable firmness. Certainly Rogers had his priorities right. Given the solid state of the U.S.-Israeli relationship and the tender young reed of a new American relationship with the Arabs, Arab sensibilities were more important than...
Like so many successful American farmers, Erv is actually cash poor. "The city people think we get real rich," he says, "but I've worked many a year and not earned a nickel." He gave up dairy farming years ago because that requires extra hands, and hands cost goodly sums of hard cash. "When you're a farmer," his son Dick points out, "you never have any money in your pocket until you retire and sell out, because it's all invested. We get paid every few months, while a hired man would have to be paid...