Word: doubledealing
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Pooling the Risk. There is some recent history to indicate what will happen after the 90 days. In the two years since Los Angeles' Watts riots, which caused about $40 million in insured damage, rates for property coverage in the area have at least doubled; some 1,000 ghetto...
Then came World War II-and with it a boom in letter writing, mostly between forlorn servicemen and their wives and girls. Katz came up with Rite-Kit, an inexpensive stationery box that doubled as a writing surface. He formed his own company, and by war's end it...
Missionary Zeal. Under Fernandez and Marshall, Lusteveco has barged ahead with a sort of missionary zeal. Sales have almost doubled since 1963, but the company is chary with dividends. It plows nearly all its earnings back into expansion. "Until we are sure we can meet the needs of the country...
Then, 20 months ago, Zender was persuaded by growth-minded directors to become chief executive, along with the chairman's post he already held. Zender has stirred Peter Paul's cor porate structure as thoroughly as the chocolate in its giant kettles. He took flying tours from the...
An hour of farm labor produces more than six times as much as it did in 1920. Per-acre crop production is up by 80%. Output per breeding animal has doubled. In the 1960s alone, productivity of the average farm worker has increased by 6% a year v. only 3...