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...baby bottles to formaldehyde for undertakers. All this has paid the company well: between 1950 and 1955 sales soared 85% to $275,680,000; profits jumped 130% to $16.6 million, though 1955 earnings of 6% on sales were not as favorable as Allied Chemical's profit of 8%, Du Font's 22%. But Faina's goal is as American as apple pie, though it may seem as unlikely in cartel-minded, low-wage Italy as pie in the sky. Says President Faina: "I want every workingman to have 100 shares of Montecatini, a home...
...really mean. Investors, for example, often talk of a "$6 rise" on the Dow-Jones industrial average. Actually, the Dow-Jones is not a dollar average at all, but a point average. Dow statisticians calculate it by totaling the per-share value of 30 prime industrial stocks (among them: Du Pont, General Motors, General Electric, U.S. Steel), then dividing the sum by a "constant divisor" which they adjust to account for stock splits. Currently, the divisor stands at 4.566, meaning that each point in the average is equal to $1 divided by 4.566, or about 22?. Thus, a 6-point...
...Long Voyage Home. In Fond du Lac, Wis., Detective Pat Cotter bagged a drunk, made out a report: "He is not drunk, who from the floor can rise again and take one more. Man could not rise again and, although he had a bottle with a little left in it, he just could not get his hands off the sidewalk to get at it. After carefully noting all the facts in the case, I assumed he must be drunk and arrested him. He still had eight miles to travel home on his hands and knees...
Puritan into Purist. A painter friend of Hopper's, Guy Pene du Bois, pinpointed his genius way back in 1931: "Hopper denies none of the Anglo-Saxon attributes which are so strongly planted in his character. He has built an esthetic which expresses them directly. He has turned the Puritan in him into a purist, turned moral rigors into stylistic precisions." Du Bois' prophetic conclusion: "He will make many of the 'great' moderns seem like funny little reciters of fairy tales...
Good is represented by a simple-minded old shepherd (Spencer Tracy), the only man ever to climb The Mountain alone (actually the Aiguille du Midi, near Chamonix in the French Alps, where the location shots were made). Evil is the younger brother (Robert Wagner) whom the shepherd, in the absence of a midwife, "brought into the world with his own hands." When a plane rumored to be carrying gold crashes on top of The Mountain just as winter is setting in, little brother begs big brother to guide him up the mountain so that he can loot the plane...