Word: ponts
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...Academie accepts no more than 30 girls a year. Members of the current crop include Henry Ford's daughter Anne (whose sister Charlotte graduated with the premiere class in 1961), Melinda Fuller, granddaughter of onetime Massachusetts Governor Alvan Fuller, and Genevieve du Pont of the Delaware dynasty. Tuition for the eight-month course is $2,800, covers the girls' social outings to theaters, balls, concerts and weekend house parties (escorted vacation cruises to Greece or Egypt are optional). Students do not live in dormitories, but (at an additional cost of close to $2.000) are placed with families...
...shorter life at the hands of the fickle consumer. There are plenty of companies to woo him; so many firms now have fast-moving research labs and trigger-ready marketing techniques that few new products are far ahead of competing copies or improvements. "Lead time is gone," laments Du Pont Chairman Crawford Greenewalt. "There's no company so outstanding technically today that it can expect a long lead in a new discovery...
Lestoil Syndrome. Du Pont had the nylon market to itself for 15 years, and did well with Dacron too. But when it went into production of its tough new Delrin plastic-a breakthrough it considers as important as nylon-hardly two years passed before competing Celanese Corp. hit the market with an almost identical plastic developed by its own chemists. U.S. Steel recently developed a new, economical "thin tin" plate-only to find other steel companies out in six months with a thin tin that customers liked better because it gleamed brighter; Big Steel is now copying some...
...earlier president once declared, "the greatest asset of this company is its mystery." Bank Note has always been extraordinarily concerned with security, keeps its premises closely guarded. With half of its business now in printing securities for such corporate giants as A.T.& T., General Motors. Du Pont and General Electric, it often knows months in advance that a company is planning a stock split or a new bond issue-information Wall Street speculators would love to have. And to foil counterfeiters, it uses special paper embedded with colored disks, mixes its own inks, and even makes its own special presses...
Yale athletic director DeLaney Kiputh announced the signing of Pont. Speaking for the entire selection committee Kiputh said "to a man we are convinced that both his background and enthusiasm will assure the continuation of our proud football heritage...