Word: builders
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...Second highest price was $20,500 for an immaculate 1927 Curtiss Gulf hawk 1 A. The buyer: Korean War Pilot Dolph Overton, 40, who already has 40 vintage aircraft in his Santee, S.C., aircraft museum. Overton plans to fly the Gulfhawk, just as Race-Car Builder-Driver (Chaparral) Jim Hall expects to take to the air with his 1918 Nieuport 28, which he picked...
...ease some of their rules to help him start a $400,000 project in the largely Negro inner city. Partly by using new techniques, Campbell expects to offer a one-bedroom apartment for $80-a-month rent, well below that of competitive units. In South Bend, Ind., Home Builder Andrew Place has just sold a three-bedroom FHA house for $10,900, nearly $3,000 less than the price of any other new home in the area...
Chairman Harold S. Geneen describes his $2.8-billion International Telephone & Telegraph Corp. as a "unified-management, multiproduct company." On that principle, in 48 major acquisitions in the last nine years, ITT has acquired a hotel chain (Sheraton), a car-rental company (Avis), a book publisher (Bobbs-Merrill), a home-builder (Levitt & Sons, Inc.), a paper and chemical company (Rayonier, Inc.) and assorted other ventures. Something Geneen still does not have is a consumer foods company. Last week he moved to remedy that deficiency by announcing that ITT, in an exchange of stock valued at $280 million, will soon acquire Continental...
Clinging Power. Lest anyone get the idea that This Morning is a kind of hangover from the Tonight Show, on his premiere Cavett brought on as his first guest Master Builder Buckminster Fuller (TIME cover, Jan. 10, 1964). "I'm only 72," said Fuller. "You don't look a day over 70," said Cavett. When the talk got more cosmic, Fuller suggested that in future centuries women would revert to wearing fig leaves. Cavett asked: "What is it about fig leaves. Do they have some peculiar clinging power?" Fuller: "They are relatively large and durable . . ." Cavett: "And washable...
Died. General Charles Ailleret, 61, France's top soldier, chairman of the Chiefs of Staff and builder of his country's nuclear force de frappe; when his military DC-6 crashed on takeoff from the Indian Ocean island of Réunion, killing 19 aboard, including his wife and daughter. Placed in charge of developing a French Abomb, Ailleret orchestrated the project that succeeded in detonating a low-yield plutonium device in the Sahara in 1960; as Chief of Staff, he planned the "all azimuths" strategy, in which France seeks the ability to deliver nuclear weapons...