Word: chunk
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...variety of Americana that banks for its appeal not on song or humor or tone alone, but on a coherent blend of the three. It steals into the imagination in a salty sort of way at the opening curtain and leaves one feeling he has really glimpsed a hearty chunk of our nation's spirit...
...hotel bar and shouted: "You don't have to figure what this rock runs to the ton; it assays by the pound." At the O'Brien mine near Kirkland Lake, Ont., speculators caressed a new-found slab of what mining men call "jewelry"-a ten-pound chunk of practically pure gold worth $2,000. At Noranda's golf course, golfers played around two gold-drilling sites smack in the middle of a fairway. The gold stock market reached its highest point in four years...
...hide. Willys, which has been hunting a president since Joseph Washington Fraser quit eight months ago, kept mum on details of the deal. But it was reported that in addition to Sorensen's salary (Ford paid him $220,000 yearly) he got an option on a sizable chunk of Willys stock.* Thus he would pay only a 25% capital-gains tax on any stock profit, provided he held the stock six months, compared to about 80% income tax on such a high-bracket salary-the device made fashionable by Harry Sinclair and Spyros Skouras (TIME, May 29 and June...
...Army Ordnance (TIME, Nov. 3, 1941) has sold itself to the world. No one doubted that Charlie Sorensen intends to duplicate the feat of Big Bill Knudsen who was squeezed out of Ford in 1921. Knudsen went to General Motors, and by booming Chevrolet sales, stole such a vast chunk of the small-car market from Ford that the old man has never regained his supremacy...
...boom seemed to be based on the fact that U.S. railroads, in general, have sensibly used a large chunk of swollen wartime profits to buy up their bonds and slash their fixed charges. Many are in the best financial shape of their lives. Traditionally, when these bonds move up toward par, stocks eventually follow. Example: Louisville & Nashville 53 (2003), above par at 107, have fluctuated only one and a half points in a year; the road's stock has soared 20 points...