Word: du
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...choosing, dropping them when they become inactive or cease to be representative of an industry, and substituting new ones. Of the 30 stocks that make up the Dow-Jones average today, more than one-third were not on the list in 1929. Among the newcomers are such giants as Du Pont, United Aircraft and A.T. & T. Among those dropped, for varying reasons: American Sugar Refining, Mack Truck, North American Corp. As an example of what such omissions and substitutions can mean statistically, it has been figured that if the inactive stock of International Business Machines, once on the Dow-Jones...
MADAGASCAR URANIUM boom has the Paris stock market soaring. Two companies (Minerals de la Grande He, Fonciere du Sud de Madagascar) are now shipping refined ore to France from deposits discovered in 1952, estimate that production will climb from 15 to 200 tons by next year. On the Paris market, Minerals stock has zoomed from $9 to $122 a share since January...
...really surprising that the mogul's style of eating (he was putting jam on toast) lacked the particular characterization called for. What is worse, all of Mankiewicz's witticisms are given such arch delivery that one expects Jack Webb's orchestra to underline each one with a dum-du...
...MERGER is in the works between third-ranking American Broadcasting-Paramount Theaters and Dr. Allen B. Du Mont's fourth-ranking Du Mont Television Network. Du Mont, whose money-losing network eats into the profits from its setmaking business, is negotiating a deal for ABC to take over all Du Mont network programs to fill gaps in ABC's nightly program schedule. Du Mont will continue to operate its three stations individually...
...future the trend of pension investment will be increasingly towards the newer growth industries. The current popularity of such blue chips as Standard Oil (N.J.), Detroit Edison, Du Pont, General Electric has already pushed prices to the point where the stocks in the Dow-Jones industrial average pay only 4.9% in dividends. As the blue chips grow too expensive, more and more pension money will go into new fields. Then businessmen will have to toe a fine line between their basic objective of protecting the workers' pensions and their responsibility to the U.S. economy as a whole...