Word: stockely
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Dates: during 1970-1979
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Students occupied Hampshire College's administration offices early yesterday morning and demanded that the school sell its stock in four companies with investments in South Africa...
Over half of Hampshire College's 1300 students signed a petition in March protesting the school's ownership of $39,000 worth of stock in Texaco, Exxon, Clark Equipment, and International Harvester...
Fresco, who spoke from inside the occupied administration building, said the students will not leave until the school's board of trustees holds a press conference to announce that it opposes South Africa's racial policies and agree to sell the school's stock in the four companies...
...suburbs. Gasoline prices -and thus commuting costs for many suburbanites-seem destined to rise sharply over the next several years, along with home heating costs. Some home builders in temperate and colder climates are now including wall and ceiling insulation, but much of the country's existing housing stock lacks proper protection. That may make it difficult for newhouse buyers to get rid of their old ones. Although it picked up last month, multifamily construction has been slack as the market continues to absorb a glut of new building of that type completed during the early 1970s...
...would step down as chief executive officer May 11. Paley also named his successor: John David Backe, CBS's president, whom the chairman installed in October after firing Arthur R. Taylor (TIME, Oct. 25). But Paley will remain chairman and will still hold 6% of CBS's stock. He took care to tell shareholders at the annual meeting in Los Angeles, where he announced the switch, that he would keep a hand in "such areas as policy questions, acquisitions, planning and creative activities" -a pretty fair definition of a chief executive's interests. Said one CBS insider...