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...Collect. Companies from the largest steel manufacturers to the smallest clothing retailers are now slower to pay their bills. "Everyone is trying to live off everyone else's money," notes a Pittsburgh valve maker. Adds Irving Zeiger, owner of five manufacturing companies in Southern California: "No one, but no one, pays in 30 days. There is no money in the country-period." The squeeze is being felt all along the line. Big companies delay in paying their smaller suppliers, who in turn string out their payments to the two-and three-man shops that they buy from...

Author: /time Magazine | Title: Business: The Struggle to Cope with Recession | 2/16/1970 | See Source »

This idea struck Harry Roseberg, a California tinkerer who was scratching out a living as a salesman, as he watched a pharmacist count pills one day in 1962. For a start, Roseberg borrowed $40 from a brother-in-law, Irving Zeiger, and began buying materials to create a pill counter. Eventually he came up with a device that consists of a plastic turntable and a counterrotating gearlike disk. Pills are dumped on the turntable, forced into line by the disk, automatically spaced out for counting by a tiny photoelectric cell, and dropped into a pillbox...

Author: /time Magazine | Title: Inventions: To Build a Better Pill Counter | 12/5/1969 | See Source »

When Roseberg tried to sell the invention to several major corporations, including Fairchild Camera & Instrument Corp., he met only indifference. Reluctantly, he turned again to Zeiger for financial help. They formed "RX COUNT Corp." in Hawthorne, Calif., produced 75 pill counters, and leased them to Los Angeles County drugstores for two years of testing and refining. Roseberg and Zeiger concluded that leasing would be more profitable for them and more convenient for many druggists, who are reluctant to buy new equipment outright...

Author: /time Magazine | Title: Inventions: To Build a Better Pill Counter | 12/5/1969 | See Source »

...friend on the bank board and confessed: he had been manipulating the bank funds, holding up payments on incoming checks to tide over a couple of wobbly depositors. Rose resigned, saying he had done it all for Ellenville. One of the doubtful ac counts was a nearby hotel named Zeiger's, the other, the Anjopa Paper Co., in neighboring Napanoch, headed by Joseph Di Candia. Rose had poured thousands of dollars into the old broken-down paper mill, handled all its finances personally, rebuilt it into an apparently profitable concern. Once when Di Candia was picked up in Ellenville...

Author: /time Magazine | Title: BANKING: The Generous Lender | 12/24/1956 | See Source »

Remembering bloodthirsty stories of France's Devil Island and Italy's Lampedusa, meticulous Robert A. Maier, Mexican correspondent of Berlin's Lokalan-zeiger anticipated the first anniversary of General Obregon's death by going to visit Mother Concepcion, to see for himself what a Mexican penal island is like...

Author: /time Magazine | Title: MEXICO: At Three Marys | 7/29/1929 | See Source »

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