Word: trend
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Dates: during 1960-1969
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...leading the trend toward better eating is a new hierarchy of gourmet cooking teachers. Among the current leaders...
Sowing Wild Rice. The gourmet trend has created a succession of favorites. According to Gourmet Magazine Editor Jane Montant, boeuf bourguignon and coq au vin were the fashionable dishes in the 1950s, only to give way to the vogue for paella in the 1960s. Right now, the rage across the U.S. is beef Wellington, a filet slathered with pate de foie gras and baked in a pastry crust. Manhattan Hostess Mrs. Bartley C. Crum, who sends out Menus by Mail to 6,000 subscribers in 45 states (among them: Jacqueline Kennedy, Ilka Chase and Pauline Trigere), currently recommends beef Wellington...
Still Very Good. Going against the higher-priced trend is the surprising surge of lower-tagged imports, which are racing 27% ahead of last year and should easily crack the record of 614,000 sold in 1959. In the first nine months of 1966, Volkswagen spurted from 277,000 sales to 308,000, while G.M.'s "German Opel climbed from fifth place to second among imports, with sales of 25,000, followed by Sweden's Volvo, Britain's MG and Japan's Datsun. The Japanese cars are rising fast: Toyota is now the second best-selling...
...well as diversification. A proposed merger with Consolidated Foods was recently turned down by stockholders. But the company is still looking, with Transamerica Corp., a financial holding company, currently said to have the inside track. Such hardheaded business decisions may not please Hollywood's art lovers, but the trend has mightily impressed Wall Street's moneymen. Variety reported that during the last month movie stocks have risen a phenomenal...
Overriding Concern. Congested New York has been losing 17,000 industrial jobs a year. Reversing that trend has become Mayor John Lindsay's overriding concern. "It's a battle we must win," he says. "If we lose, we lose everything." In its desperation, New York has set up a Public Development Corporation, headed by General Lucius Clay, to tempt industry by assembling sites. Adopting a controversial scheme that began in the South, the corporation also plans to finance some plants with tax-exempt bonds...