Word: stocked
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Dates: during 1960-1969
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...differently, and the souls that strive for them are not necessarily exhausted. Quite a number of the stories in this issue deal in one way or another with getting and spending. The U.S. and WORLD BUSINESS sections, of course, are most immediately concerned, notably in our accounts of the stock market gyrations (One for the Bulls), and of a small nation paradoxically in a jam because of its natural wealth and high per-capita income (Trouble in the Garden). One of the most encouraging stories explains that it is still easier to make a million in the U.S. than anywhere...
...addict is really serious about racing, he can enter one of the 9,000 stock-car or 2,000 sports-car races held in the U.S. each year. For $1,000, he can even take a one-week course in competition driving from Racer-Designer (Ford-Cobra) Carroll Shelby. For the really successful racing driver, the rewards are great. Fred Lorenzen has already won $63,675 on the stock-car circuit this year, and A. J. Foyt, who is equally adept in stock cars, sports cars and Indianapolis roadsters, won $250,000 in 1964. Another field is that...
Word from the Top. Just a few weeks back, the stock market was outpacing the economy; now the economy is outpacing stocks. Does the market's recent weakness signal an economic downturn...
...worth at least a million. Charles Stein, 37, sensed a rich future in convenience foods. He began by buying oranges at retail and squeezing them into juice for hospitals and hotels; the business grew so vitamin-rich that National Dairy bought it from him for 17,000 shares of stock (now worth $1,530,000), and Stein has gone on to become president of Chicago's Kitchens of Sara...
...than $8,000,000. Most millionaires have a compulsion to be in business for themselves, but some employees in the corporate world have taken the optional road to riches. At Idaho's Boise Cascade Corp., Vice President William Eberle, 41, has piled up $2,300,000 worth of stock through options, and the chief designer of Control Data's computers, Seymour Cray, 39, has stock worth well over $1,000,000. They, of course, showed fine timing and an expert instinct for opportunity. Through the careers of all the young millionaires runs a golden thread: they determined early...