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Gulf & Western issued its first annual report in 1959, one year after changing its name from Michigan Plating & Stamping Co. It was best known for producing rear bumpers for Studebakers. The report listed sales of $15.4 million, profits of $316,000 and a work force of about 600. The firm that year had a new chairman, a young Austrian immigrant named Charles G. Bluhdorn, who launched the company on an aggressive expansionist course. Today, under Bluhdorn's direction, G&W ranks 59th on the FORTUNE 500 list, with 1978 sales of $4.3 billion, earnings of $181 million, and more...

Author: /time Magazine | Title: A Letter From The Publisher, Feb. 5, 1979 | 2/5/1979 | See Source »

...looms large indeed to harried defenders. Gillies comes up with the puck the direct way: he sweeps the boards of bodies, then passes off the puck they leave behind. With Denis Potvin, the only defenseman other than Bobby Orr to notch two 30-goal seasons, bringing up the rear, an Islanders' onslaught can be awesome. According to Chicago Black Hawk Center Stan Mikita, there is but one good defense: "You just pray...

Author: /time Magazine | Title: Sport: Hockey's Power Players | 2/5/1979 | See Source »

Leave it to California to take its own skateboard-that simple, sometimes dangerous and remarkably maneuverable device-and improve it. Improve it? Well make it part of the highway culture, anyway. With a 1¼-h.p. motor attached at the rear, a hand-held throttle that can act as a kind of brake and a 12-oz. gas tank, the new Motoboards, as they're called, can move a rider at up to 50 m.p.h. and cruise at 20 m.p.h. for about half an hour. They are already selling well both in the U.S. and abroad. "The beauty...

Author: /time Magazine | Title: Living: Outboards for Skateboards | 1/22/1979 | See Source »

...gasoline lantern, most of the waiting hunters seem honest as they describe their kills. One young man, bringing in his first-ever buck, admits the kill was far from clean. "My first shot knocked him down, but he got right back up," he recalls. "My second blew one rear leg almost off, but he still get back up. He was trying to get up again after my third shot. I had to hit him with a fourth to put him down." Asked how he got his deer, Curt Morse, 26, of Union Township, laughs. "You want to know the truth...

Author: /time Magazine | Title: In New Jersey: Venison and Bloody Fenders | 1/15/1979 | See Source »

Most hunters coming to the Clinton station are hankering for a taste of the venison the day's efforts have brought them. Says a man as he lashes his deer across the rear deck of a Ford sedan and wipes some blood off a fender: "I like the ones I shoot myself even better." But some admit that eating is not a significant factor. "There are cheaper ways of putting food on the table," an elderly man explains as he and a friend unload a pair of deer. "Hunting is one of the few things you can do these...

Author: /time Magazine | Title: In New Jersey: Venison and Bloody Fenders | 1/15/1979 | See Source »

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