Word: raying
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Dates: during 1970-1979
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...burned for the insurance money; introduce the new fall line of Capri Casuals; endure a brief nervous breakdown; inhale a joint or two of cannabis; sleep with an aging love child off the Sunset Strip; dream of a pop apocalypse populated by everyone from Bobby Kennedy to James Earl Ray; and recite lines like "I wanna walk in the kind of rain that never washes perfume away." Under the circumstances, that gully of sweat staining the back of his pajamas is certainly understandable...
Beyond that, he notes, prices were frozen in August 1971, when fuel-oil prices were at a seasonal low and gasoline prices at a seasonal high. This "lowered incentives" to produce fuel oil, says Ray Wright, marketing director of the American Petroleum Institute, since it was a time when demand for gasoline was unexpectedly high. The supply imbalance that resulted became apparent last November: fuel reserves were about 31 million bbl. below the levels...
AHMET ERTEGUN, president of Atlantic Records. Turkish-born, self-made sultan of American rock, soul and pop. Age 48. In 1948 founded Atlantic on a shoestring and a collection of 25,000 old blues 78s. In 1950s brought in Brother Nesuhi and their friend Jerry Wexler, signed Ray Charles, LaVern Baker, the Modern Jazz Quartet and "Boss of the Blues" Joe Turner. In the 1960s, his firm introduced Sonny and Cher, more recently Wilson Pickett, Otis Redding and Roberta Flack as well as rock groups like Led Zeppelin and Crosby, Stills, Nash and Young. Also hired young singer released...
...only that five family members-who do not constitute the entire family-control about 1.5 million shares. The price of these shares alone increased by $83 million in 1972, to $192 million. The company is headed by three husbands of granddaughters of Founder W.E. Upjohn. They are Chairman Ray T. Par-fet Jr., 50; President Robert M. Boude-man, 55; and Executive Committee Chairman Preston S. Parish, 53. Under them the company last year achieved research breakthroughs on prostaglandins, which are hormone-like substances that may be used to terminate pregnancies. That news prompted excited investors...
...Spirit. The plant's maintenance staff began repairing in a day breakdowns that formerly took a week to fix. Operators of straightening and threading machines began catching mistakes that they had previously let pass. "There is a new spirit in the mill," says Assistant Works Manager Ray Robinson. Observes the union's Papavero: "Being recognized as people who can make creative suggestions has given the men a certain dignity...