Word: johannesen
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...porcupine waddles along the wooded trail ahead, perhaps wondering why humans make such a delighted fuss when he encounters them. The mood has changed since that wet first night; 501 has come together. Eric Johannesen, 14, once desperately homesick and moody, has been asked to lead, and he sets a rugged pace: "This feels like a family relationship now. I'll get home eventually." Estelle Light, 42, a troop leader who happens to be a nurse, has tended sore feet and wounded egos all week. Assistant scoutmaster Don Browning, 51, hobbled by a sprained knee, finds that the scouts around...
...Glenn Johannesen, Western Michigan...
...foreigners are coming to the U.S. for about the same reason Willie Sutton supposedly gave for robbing banks -that's where the money is. For all the talk of capital shortages, notes Richard Johannesen Jr., vice president of Salomon Bros., "the U.S. market is one of the biggest capital pools in the world." Adds Edgar Koerner, managing director of Kuhn, Loeb & Co.: "Borrowers can easily get $150 million and even $200 million for up to 20 years-terms that would be difficult in Europe." There, he explains, lenders do not have as much capital to advance and are reluctant...
...crisis has been long building. In a current book, The Price of Money, Sidney Homer and Richard Johannesen date the bear market in bonds from 1946, when high-quality corporate debentures sold at interest rates of 2.45%. But the rise in rates and the concurrent drop in bond prices have speeded up enormously since the current inflation began in 1965-and especially this year. Last week, for example, the New Jersey Turnpike Authority sold $137 million worth of bonds at a tax-free interest yield of 7%, compared with a 5⅞ yield on bonds that it had sold four...
BELL TELEPHONE HOUR (NBC, 6:30-7:30 "Tanglewood-Music Under the Trees" takes a look at the Berkshire Music Festival in Tanglewood, Mass, with Erich Leinsdorf and the Boston Symphony Orchestra; Composers Aaron Copland and Gunther Schuller; Sopranos Phyllis Curtin and Jane Marsh; and Pianist Grant Johannesen...