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...general case of nerves is evident not only along Madison Avenue but also in the growing regional advertising centers, like Chicago and Los Angeles. Says Paul Haynie, senior vice president of Needham, Harper & Steers in Los Angeles: "Everybody's a little itchy." Potlatch, the San Francisco-based wood products giant, last month suspended its $1.5 million advertising campaign for this year because of the slump in home building...

Author: /time Magazine | Title: Business: Consumers Feel the Pinch | 6/9/1980 | See Source »

...always do this, they say, but in times like these we have to. For the hell of it one day, about 15 kids, aged ten to 13 according to reports, decided to have some fun. They stood on the Weeks Memorial Bridge and rained "rocks, bottles and pieces of wood" on the freshman heavyweight crew team passing below. "The kids don't at all understand the seriousness of their behavior," said coach Ted Washburn. This was by no means an act of revolution; it made no sense at all. It was the kind of thing that was happening at Harvard...

Author: By James G. Hershberg, | Title: Ten Years Ago This Spring | 6/5/1980 | See Source »

...coins-and thus cannot be used at the corner drugstore. They will be sold through post offices, with the cost being set at the daily gold price plus a handling charge of about $15. The ½oz. version will bear a portrait of Singer Marian Anderson, and Painter Grant Wood appears on the 1-oz. piece. Over the next five years a total of ten medallions will be issued, honoring American artists ranging from Mark Twain to Louis Armstrong. Since less than 4% of the population currently hold gold, precious-metals dealers foresee a continued bull market in bullion...

Author: /time Magazine | Title: Business: American Krugerrands | 6/2/1980 | See Source »

...pieces ranging in size from Guernica, Picasso's 26-ft.-wide mural of protest against the fascist bombing of a Basque town during the Spanish Civil War, to a cluster of peg dolls he painted for his daughter Paloma. Paintings, drawings, collages, prints of every kind, sculpture in bronze, wood, wire, tin, string, paper and clay; there was virtually no medium the Spaniard did not use, and all are profusely represented...

Author: /time Magazine | Title: The Show of Shows | 5/26/1980 | See Source »

...nickel, chrome and stainless-steel substitutes. In an attempt to retain some glamour, manufacturers have given the alloys exotic trade names like Ultrium and Siladium. Salesmen now proudly point out that the gold substitutes resist tarnish or dents and will not leave rings around the finger. Says R. Lyman Wood, group vice president of Lenox Inc., an industry leader: "You can drop it or step on it. You can even wear it playing football...

Author: /time Magazine | Title: Business: Classy Rings | 5/19/1980 | See Source »

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