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...Random House acquired the L. W. Singer Co., an elementary and high school text publisher. Earlier this year Random House bought into the college text market by merging with Alfred A. Knopf and into the juvenile market by buying Beginner Books. The three mergers will push its annual sales to nearly $22 million...
Inevitably, the blossoming of the book industry has attracted hungry investors. "Those Wall Street houses are after all of us to go public," says Random House President Bennett Cerf. "They go around waving certified checks in publishers' faces-and I've never seen a publisher yet that could resist a certified check." Ran dom House could not resist, put some 222,060 shares of its stock on sale last October for 11¼. It was eagerly snapped up, now sells for about $31. Harcourt, Brace stock first went on the market last summer at 23½, is selling...
Study of the eyes of beetles is already paying off. A group of scientists at Tübingen, Germany, found that a beetle's compound eyes can measure the speed of a moving background with random shadings on it. After finding out how the beetles do it, the scientists set to work building an instrument on the same principle to measure the ground speed of airplanes. It didn't need all of the compound eye, only two facets of it simulated by photocells watching the ground from the nose and tail of the plane...
...NUMBER OF THINGS (248 pp.)-Honor Tracy-Random House...
...lines called out at random by an audience last week in Connecticut's Westport Country Playhouse were all that Mike Nichols and Elaine May needed. Beginning with the first, ending with the second, they improvised an eight-minute sketch in more or less Shakespearean language-the style, too, had been spontaneously requested by the audience. What's more, they could have done it in any style from Euripides to the Reader's Digest. For Nichols and May, getting ready for their first Broadway show after years in nightclubs, are essentially modern practitioners of commedia dell'arte...