Word: mirrors
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...morning Times (circ. 633,106), Mirror (890,596), News (2,014,542), Herald Tribune (377,400); the afternoon Journal-American (580,006), World-Telegram and Sun (473,732), Post (351,439), Long Island Press (283,967), and Long Island Star-Journal...
...hint was casually and artfully dropped at a London cocktail party by a member of the family: the Berrys would like to sell their controlling interest in the sprawling Amalgamated Press Ltd. magazine and periodical empire (72 publications). Hovering within earshot was an executive of the Daily Mirror-Sunday Pictorial group who knew big news when he heard it; he hustled the word back to the ears of his board chairman. This week, barely a month after he got the message, hulking (6 ft. 4 in.), baby-faced Cecil Harmsworth King, 57, bought control of Amalgamated...
...statistics of his new domain. With a women-and-children-first editorial policy. Amalgamated peddles everything from Baby's Own Annual to Love Story Library, puts out 29 weeklies, e.g., prim, prosperous Woman's Weekly (circ. 1,615, 778), and nine monthlies. Like the Mirror-Pictorial, Amalgamated has its assorted paper mills and TV stations. King already had Britain's strongest newspaper chain anchored firmly by London's raucous Daily Mirror (circ. 4,526,453) and the equally raucous Sunday Pictorial (circ. 5,378,242). King's anticipated post-tax profits from magazines and major...
...level pegging" between the Russians on one side, the British and Americans on the other. The Russians have an experimental machine which is virtually the twin of Britain's famous Zeta. But they built it in six months, while Britain needed two years. They have also constructed a "mirror machine," a U.S. specialty which is another approach to fusion power. "These are remarkable feats," said Sir John...
What further bothers market specialists about the tax is that it prevents people from being guided by what they really think is a good investment, tends to make the market a less realistic mirror of business conditions. "With capital gains," says Walter Maynard, senior partner of Shearson, Hammill & Co., "you are betting the certainty of a 25% loss v. a problematical gain. And with that certainty of a loss, investors will refrain from making a sale even while admitting that the price of a security is high enough for them...