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...intending to set up a field hospital. But he quickly realized that the Russians needed food more than medicine and arranged to import grain from the U.S. in exchange for Soviet furs, hides and caviar. His success won him an introduction to Lenin, who granted the young American a pencil-manufacturing concession. In 1930, after the climate for Western capitalists had turned increasingly cold, he sold off his thinning enterprises to the Soviet government and left the country with a fortune in czarist art treasures that he had bought with his profits...

Author: /time Magazine | Title: CORPORATIONS: Trying to Hammer a Deal | 1/29/1973 | See Source »

...book says, "Where there is too much something is missing. In this case it is an editor's pencil, which might profitably have been put to use cutting out repetition...

Author: /time Magazine | Title: Books: Comic and Cosmic | 1/15/1973 | See Source »

...Mike LaVelle, 39, works as a hot-pipe bender in a Cicero, Ill., shop. Wielding a 16-lb. sledgehammer, the workman packs sand into lengths of straight pipe that are then heated and bent with a winch. When he isn't twisting hot metal, LaVelle is sweating over pencil and paper as the newest regular columnist in the Chicago Tribune stable...

Author: /time Magazine | Title: The Press: Blue-Collar Pundit | 12/4/1972 | See Source »

...dividing the closing price of a company's stock by its net income per share for the most recent twelve months. If a company earns $2 per share, and its stock sells for $34, its price/earnings ratio is 17. P/E ratios can be figured out by anyone with a pencil, a stack of paper and access to stock-price quotations and quarterly earnings reports ?but there is no longer any need to bother. The Associated Press has begun including P/E ratios for every common stock* on the New York and American exchanges in the daily market tables that...

Author: /time Magazine | Title: WALL STREET: What Price Profits? | 11/20/1972 | See Source »

...Moakley victory celebration was written in the stars on November 7, it took some pretty fancy pencil pushing to put it there. Hicks had defeated Moakley in the 1970 Democratic primary with her solid core of supporters. Realizing that it was impossible to unseat Hicks in the primary, Moakley sat out the 1972 preliminaries to challenge her head-on as an Independent in the general election...

Author: By Dale S. Russakoff, | Title: Moakley 'Brings the People Together' | 11/15/1972 | See Source »

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