Word: punta
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Fresh Approach. Businessmen have discovered that leisure-market acquisitions can be every bit as profitable as companies in glamour industries. Jensen Marine, a fast-growing West Coast boatbuilder bought nearly two years ago by Bangor Punta, a Maine conglomerate, last year earned its new owner profits far in excess of the industry average (4% after taxes) on its $6,000,000 in sales...
Lest anyone get the impression that airline stewardesses are losing their allure, the Cantegril Country Club in Punta del Este, Uruguay, has just completed its second annual "Queen of the Airline Hostesses" contest, which drew 13 beauties from as far away as India. Winner: Jill Spavin, 25, an American Airlines stewardess who spent two weeks before the contest lounging around Punta del Este in a bikini, destroying the judges' recollection that last year's winner, Patty Poulsen, had also flown American. Jill currently works the New York-Los Angeles run, but no one dares guess how long...
...nation which has given the United States the most trouble in the past year. Ecuador has demanded the withdrawal of our ambassador from Quito. We complied. And it was Ecuador's President Arismendi who delivered a stinging attack on U.S. economic imperialism in Latin America at the conference in Punta del Este last April. The speech was the only one which ruffled the placid self-congratulatory atmosphere pervading the meeting. And Plaza is a former president of Ecuador...
...only last April that Latin American heads of state met in the gambling casino at Punta del Este, Uruguay, and agreed to get a Common Market in operation by 1970. By last week, that heady promise seemed to be considerably behind schedule. Assembled at Asuncion, Paraguay, to work out a preliminary plan for cooperation, the foreign ministers of the Latin American Free Trade Association (LAFTA) agreed on little but the magnitude of their differences...
...addressing his countrymen only once a year, Mexico's Gustavo Diaz Ordaz went on the radio as soon as he returned home to stress that Latin America must bear the chief responsibility for its own future. Said President Fernando Belaunde Terry to his fellow Peruvians: "The declaration of Punta del Este is only the score. Success will depend on how we play...