Word: ponts
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Dates: during 1960-1969
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Fads & Impulse. The best hope of the industry is the young man between 14 and 24. For one thing, he spends much more money on adornment than his father ever did; a recent survey by E. I. du Pont de Nemours & Co. shows that the average college man spent $387 on clothes last year, compared with only $265 for members of the Junior Chamber of Commerce, who were 15 years older on the average. For another thing, the young man is apt to be fad-prone...
Among corporations, General Electric holds the most (12,000), followed by A.T. & T., RCA, Esso, Westinghouse and Du Pont. The individuals who hold the most patents are also connected with corporations: Raytheon Scientist Percy Spencer alone holds 225, and Polaroid's chairman, Dr. Edwin Land, has well over...
...directors of small companies tend to be dominated by the president or controlling owner, who has a board because state laws require it and who packs it with his pals. A few giants, notably Standard Oil (N.J.), have completely "inside" boards consisting of only their own executives, and Du Pont has a "proprietary" board in which family members and other large stockholders predominate. But most leading companies choose a majority of outside directors and give them a large voice in policy...
...PONT SHOW OF THE WEEK (NBC, 10-11 p.m.). "The Gambling Heart," a comedy starring Ruth White, Tom Bosley and Sarah Marshall...
Rayon was the first of all the syn thetic fibers, but its sales slipped badly as nylon and other new synthetics came on the scene; when Du Pont closed down the last of its rayon-producing plants last year, it seemed that rayon's day was finally over. But, with surprising fortitude, rayon has refused to be pushed into oblivion; it has survived as the largest selling artificial fiber in the U.S., and now accounts for more than a third of the volume of the $1.9 billion synthetic business. After slumping for five years, rayon sales have jumped...