Word: townsendized
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Winter's Cold. "The worst is over," says United California Bank Economist Raymond Jallow in Los Angeles. Jallow and other economists believe that the price spurt in the past months was due mainly to the economic effects of last winter's cold weather. Moreover, Townsend-Greenspan & Co., the New York consulting firm headed by Alan Greenspan, a member of TIME'S Board of Economists and formerly Gerald Ford's chief economic adviser, notes that "the chances of a significant acceleration in inflation rates as the economy moves into 1978 appear to be diminishing...
Divorced. Nicol Williamson, 40, stormy star of the British stage who played Sherlock Holmes in Hollywood's The Seven-Per-Cent Solution; by Jill Townsend, 32, an American-born actress; after six years of marriage; one son; in London...
...biggest fear holding down investment is of a renewal of inflation to double-digit levels. Once a prod to "buy now before the price goes up," inflation has become a brake on capital spending. Says M. Kathryn Eickhoff, vice president of Townsend-Greenspan & Co., Manhattan economic consultants: "An inflationary environment makes calculating rates of return on new investment difficult, even though profits as a whole are likely to rise as inflation advances...
KINGDOMS OF ELFIN by SYLVIA TOWNSEND WARNER 222 pages. Viking...
...Ariel. The rest of the century was no kinder. Thanks to Peter Pan's continuing popularity and Disneyfication, Tinker Bell & Co. were ultimately reduced to trademarks or synonyms for homosexuals. The supernatural was obviously not long for this world. Until now. In Kingdoms of Elfin, Author Sylvia Townsend Warner, 83, never condescends to an ethereal race that views mortals as "unfailingly serious and unfailingly absurd." Instead, she talks about fairies without being fey and creates a texture for the intangible...