Word: sterne
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Dates: during 1960-1969
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Alarmed at growing rumors among undergraduates that Johnson's Glo-Coat Floor Wax will induce mystic visions if it is heated and its fumes inhaled, Dana Farns worth and Dean Monro issue a stern warning against "this new form of sin." The Postmaster-General announces the discontinuation of the ZIP code system "because our own employees cannot learn it." Bell Telephone, having just completed the nationwide substitution of ZIP codes for area codes is reported annoyed" but says it is confident its employees can learn five simple numbers...
...other Republican prospects, Richard Nixon was mum about politics last week, but got some press notices with the announcement that the 94-year-old New York law firm of Mudge, Stern, Baldwin & Todd will henceforth be known as Nixon, Mudge, Rose, Guthrie & Alexander. Michigan's Governor George Romney, whose chances for the nomination dimmed after he failed to get his state tax reform program through the legislature, went handshaking in Detroit, greeted downtown shoppers by saying "Hi there. This state had a deficit when we took office, but now it has a surplus. Merry Christmas." And in Illinois...
...wiring system was oldfashioned; three times, under the Dutch, the liner was hit with small fires that were easily brought under control. A year ago, with passenger traffic proving unprofitable, the Dutch owners sold the vessel to the Greek Line. The Greeks reoutfitted the ship from bow to stern and changed her name-which, in the superstitious lore of the sea, is a dread omen of danger...
Such a return, coupled with Rassco's diversification and Israel's improving trade balance, have made Rassco an attractive investment outside Israel. Managing Director Mordechai Stern, 49, a scholarly onetime Viennese medical student who speaks six languages, divides his time between pushing projects and pulling in foreign capital through nine overseas offices. Rassco has 10,000 investors in 25 countries, but of the $12 million they poured in this year, 75% came from the U.S. "They are doing something good for the country," says Stern fondly of his alien investors (now 60% of Rassco's shareholders), "while...
...Rassco enterprise and letting Rassco manage it for a fee. Nazareth's new buildings, for example, are largely owned by Memphis, Tenn., investors. With Rassco, several British millionaires, including Sir Isaac Wolfson and Charles Clore, jointly own G.U.S.-Rassco Ltd., a company affiliate that sets up small industries. Stern is happy to sell off enterprises quickly; sales give foreign investors material and emotional ties to Israel and, more importantly in a capital-short nation, provide funds for further enterprises. Already, although the Tel Aviv skyscraper is only 50% complete, Stern has sold off practically all Rassco's interest...