Word: prospectus
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Dates: during 1960-1969
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...there are quite a few indications that the trading-stamp industry is running into difficulties. Last year 500 grocery stores of various sizes dropped stamps, promised lower prices instead. Last week Sperry & Hutchinson Co., whose Green Stamps account for one third of the industry's business, issued a prospectus required before it can sell 1,000,000 shares of stock and seek eventual representation on the New York Stock Exchange. Opening its books for the first time in 70 years, S & H President William S. Beinecke reported that its sales-$330 million last year-are higher than ever...
...Another possible market is in nations abroad, where stamps have not yet proliferated as they have in the U.S. The going there may be tough. King Korn Stamps, the sixth largest trading-stamp company, recently retreated from England after an unsuccessful effort. S & H in last week's prospectus admitted that a campaign to Interest Englishmen has so far lost the company...
Sargent's conception of the Nieman year makes Harvard little more than a library for journalistic research. Most of the Fellows seem to take his cue. According to the prospectus issued by the University News Office, 10 of the 13 Nieman Fellows for 1965-66 plan to concentrate their most serious study this year in their own fields of reporting. Three of the six Associate (or foreign) Nieman Fellows are coming to Harvard to study their own countries...
...word prospectus proposed the melding of Britain's 14 largest iron and steel companies into a state-owned National Steel Corporation, which would employ 220,000 (70% of the industry's total) and control 90% of the nation's output of pig iron, crude carbon steel, heavy steel products, sheet and tin plate. Its aim was unequivocal: to scramble the industry so thoroughly that it could never be returned to private hands again...
With that sort of prospectus, the St. Louis-born Tangier expatriate was ordained as the high priest of the beats even before his first "novel," Naked Lunch, was off the Grove press. Now, in his second of what promises to be a Doomsday Quartet, Burroughs invokes a personal and "very inglorious Pantheon to give the modern world the needle in the same way Zeus and his gang broke up the ancient one." His Zenlike Zeus is the Persian Hassan-i-Sabbah, prophet of an 11th century cult of hashish takers...