Word: premiums
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Space is at a premium in the vending machines because of the extraordinary proliferation of new brands. Tobaccomen hope not only to fit every taste and soothe every fear, but also to cater to the restlessness that is one result of the concern about smoking. Most of the new brands have a consciously antiseptic image-notably the filters (which have now captured 56% of the U.S. market), the lengthy kings (20% of the market), and the menthols (14% ). Liggett & Myers has launched Lark with a "3-piece Keith filter," and Brown & Williamson is test-marketing Breeze filters with menthol...
...commercial use. In its present form, it would not be used to print newspapers or magazines, since electrosensitive paper is prohibitively expensive and the quality of the result is not nearly as good as conventional printing. But the machine may have other uses where high speed is at a premium. It could, for example, be used for printing magazine subscription labels, or making the daily telephone listing changes in such big cities as New York, where the changes run as high as several million characters...
...firm has offered a unique policy to protect Western diplomatic and military officers against the prime hazard on assignment to Moscow: sudden expulsion, and the often considerable personal loss that it involves, from the cost of Russian lessons to the tab for the farewell party. For a $210 annual premium, a Western foreign service officer can get the $5,000 persona non grata coverage for two years, the average tour of duty. As the word of Dobbin's diplomatic coverage got around, personnel assigned to the other Iron Curtain capitals have also sent to Maidenhead for P.N.G. policies...
...seven U.S. spacemen took out $100,000 policies with the Aetna Life Insurance Co. of Hartford. Low-bidding Aetna was reluctant to disclose the cost per man, but indicated that it was somewhat more than a 35-year-old military jet pilot would pay (an annual $1,810 standard premium with a $375 surcharge for extra hazard), but still less than steeplejacks. Since the standard premium varies with age, Senior Astronaut John H. Glenn Jr., 41, gets the highest bill. The lowest? To Major L. Gordon Cooper, 36, pounding along the beach at Cape Canaveral as a warm...
...have the reserves to expand its activity in the bond market. Last year the bank raised nearly $100 million on two bond issues sold in the U.S. and Europe. Normally, the market for Latin American bonds is dyspeptic, but the two Inter-American Bank issues were oversubscribed at a premium...