Word: sales
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Dates: during 1960-1969
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Hughdee's representative in the sale is Lytton Gibson, a tax attorney notable for wearing rubber bands to hold up his socks. The buyers are led by a developer named Sheldon Magazine. Says Gibson: "Nothing but a bunch of longhairs and eggheads are causing all the trouble." Says Magazine: "What do they think we are building-a couple of garages or something?" Says old Hughdee, who keeps protesting his belief in free enterprise and the fact that a man should be allowed to sell to the highest bidder: "It's extraordinary, their making this fuss...
...third of the best, white-owned farmland is up for sale, but there are few takers even at drastically reduced prices. Many farmers who refused to take huge losses simply arranged with neighbors to run their places, then loaded their furniture on trucks and headed for the coast, where boats carried them off to Australia...
Maytag, who took over as National's president the day the sale was announced, will move to Miami not only his wife and six children, but also his former Frontier vice presidents for operations, sales and finance. The new team hopes to increase National's profits by refinancing, and standardizing its hodgepodge of aircraft. Known in the airline industry as a loner, Maytag seems unlikely to reopen the merger negotiations with Continental Airlines, which National broke off in March. Says he: "I think National can stand on its own two feet." As for George Baker, he will remain...
...Wall Street it was a story with all the appeal of Ted Williams' homer his last time at bat. As president of prestigious First Boston Corp., Investment Banker James Coggeshall Jr. one day last week managed the biggest stock sale of the year-the Ford Foundation's offering of 2,250,000 Ford Motor Co. shares. The $218 million deal went so smoothly that Ford stock actually rose a point to 984:. That taken care of, 65-year-old "Jim Cogg" returned to his office, wrote out the letter of resignation that ended his 42-year investment career...
...report on ticket sales distributed last week by the Council for Undergraduate Affairs discusses in generally ear and sensible terms an issue long clouded in misunderstanding. The report's proposals for change and arification in ticket policy are logical and modest; yet perhaps just for this reason, and because the sale of tickets is an essentially unglamorous topic, the report will probably not attract a great deal of attention. Indifference to the Council's work would be regrettable; hopefully, the straight-forwardness of the report's proposals will lead to their enactment...