Word: ponts
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Dates: during 1960-1969
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Upstream from Hanoi's abattoirs, sentries manned the guns atop the Pont Doumer, a spidery span built by the same engineers who erected the Eiffel Tower. From their perch, they could see other batteries: 37-mm. cannon, machine guns, hand-held automatic rifles-all poking skyward from the taller buildings of the capital. In the streets below, grim-faced boys snapped through the manual of arms with wooden rifles while pretty girls in pantaloons hurled mock grenades through automobile tires, many of them scoring two hits out of three over 25 yds. Beyond the city, crews of workers...
...Hyannisport, Wianno and Oyster Harbors. Not only do they hold their status because of the social standing of members, but also because they command most of the best facilities?golf courses, tennis courts, docks, private beaches and clubhouses. (Oyster Harbors' members include Paul Mellon and A. Felix du Pont Jr.) This actually causes little concern to the theatrical people and artists who summer at the unsocial lower Cape towns of Wellfleet, Truro and Provincetown, or to affluent visitors who summer at fashionable Chatham, which has one of the best harbors for small-boat sailing and one of the finest golf...
...Pont, an institutional favorite, broke through its 1965 low last week without getting support. Small investors snapped up 80% to 90% of last week's 6,000,000-share Ford Motor Co. offering, while in 1963 the institutions grabbed up half of a similar Ford issue. The institutions were picking up a handful of stocks at bargain prices-such as Litton, Polaroid and Kresge-but mostly they just sat back and watched. Some figure that many stocks had been overpriced and were riding for a fall; others may be holding onto profits made by selling before...
Died. Ethel du Pont Roosevelt Warren, 49, shy, handsome daughter of the late Du Pont Director Eugene, great-great-granddaughter of Company Founder Eleuthere Irenee and heiress to a $5 million share in the chemical fortune, whose spectacular 1937 marriage to Franklin Delano Roosevelt Jr. (among the 1,300 guests: some 600 Du Ponts, 200 Roosevelts, President F.D.R., virtually the entire U.S. Cabinet) brought a lasting truce between the two bitterly warring families, but was itself a failure ending in a 1949 divorce, after which she embarked on another unhappy marriage, grew increasingly depressed and spent frequent periods in rest...
...university endowment funds have since followed suit-and why not? Harvard's insurance company equities alone have trebled to a current worth of $58 million, and its other interests include $108 million in oil and gas, $160 million in public utilities. Among star performers: $10 million in Du Pont, $12.5 million in General Motors and $26 million in IBM. Surprisingly, there are also educational experts outside Harvard who are not overwhelmed by its wealth. John W. Gardner, president of the Carnegie Corporation of New York and a Stanford man, says that "in terms of the tasks to be accomplished...