Word: options
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Dates: during 1950-1959
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Agencies in the first three categories are members of H.S.A. Agencies in the fourth group have the option to join the corporation or not. Several agencies are operating outside of H.S.A. such as: the House Newsstands, University Credit Club, Matchabelli, Harvard Laundromat, Cafe Mozart, and two Student Laundry operations...
...distribution requirements and that the various departments might credit course reduction projects within the student's field toward concentration. This system is certainly worth a try, for it offers to counteract any tendency that course reduction might be squeezed out. The program, otherwise, may cease to offer an attractive option for the capable student who feels he is too pressed by examination and course requirements to work independently. Course reduction has proved a noble experiment, and the faculty should take every opportunity to advance a program which allows the mature student an opportunity for adult education...
...part of last September's deal, Ambassador Whitney got an option to convert his original loan into stock. By exercising the option, says McCrary, and investing another $2,000,000 in the company, Whitney can get 60% control. An estimated $2,000,000 more will be needed to pay off debts and put the Trib on a sound operating basis. McCrary is certain Whitney will buy in ("Jock's a stayer"). But Reid shrugged off questions with "You'll have to ask Mr. Whitney." and in London, Whitney would say only: "My interest in the Herald Tribune...
From Europe and the U.S. the offers were pouring in: Dowager Queen Elisabeth of Belgium personally invited him to play at the Brussels World's Fair (he may do so, with the Philadelphia Orchestra); Impresario Sol Hurok, who once passed him up, tried unsuccessfully to get Cliburn under option; Ed Sullivan put in his bid for Cliburn's first Stateside TV appearance. Columbia Artists announced plans to bring over Moscow Conductor Kiril Kondrashin to accompany Cliburn on May 19 in a Carnegie Hall duplication of his prizewinning concert, with later performances in Philadelphia and Washington. Cliburn...
MOVE INTO TEXTILES is being considered by fast-growing Chas. Pfizer drug house (1957 sales: $207 million). Pfizer has option to buy Virginia-Carolina Chemical Corp.'s division making Vicara, a cashmere-like synthetic that has been a flop so far because it weakens when washed. Before deciding whether to buy, Pfizer will conduct major research to see if Vicara can be improved...