Word: portfolios
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Dates: during 1950-1959
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...minus recommendations broken down for adults, youth, children and family, a picture essay on a child with a cleft palate, an account of the world's record drop-kicked field goal (63 yards, in 1915, by Dakota Wesleyan's Halfback Mark Payne). Eye catcher is a color portfolio of portraits of Christ, vividly demonstrating how men have altered Christ's image to accord with the temper of their times and of themselves. The portraits range from the sad ascetic of the earliest 2nd century drawings through the agonized Renaissance Christ of Flemish Painter Albrecht Bouts...
...more than half the original shares for redemption, paying off in cash and new limited-dividend shares. The company has also been diversifying into foreign investments, today holds shares in some 700 corporations all over the world, with an estimated book value of $46.5 million. While details of the portfolio are denied even to stockholders by the close-mouthed management, the company is known to hold blocks in Bendix Aviation, General Electric, General Motors, St. Regis Paper, Socony Mobil Oil. In addition the company holds another $54.3 million in short-term investments (mainly British and French treasury bills), which together...
...should the Compagnie Universelle decide to liquidate, holders of its shares-900,000 in all-would receive $320 per share, or almost twice the current market price, plus whatever indemnity the company could get from Nasser. If, as is far more likely, the company should decide to expand its portfolio and stay in business, it could turn itself into one of Europe's largest investment trusts...
Even Esquire has paid the ultimate compliment by shedding some of its latter-day respectability. But Esquire still cannot keep abreast. In its August number Playboy printed four pictures of Cinebabe Anita Ekberg in the nude, taking the edge off Esquire's September portfolio of Ekberg with a few clothes...
...times, boosted it to the highest level (3%) since 1933 only last fortnight. (Conversely, by lowering the discount rate, as Martin did in the 1954 recession, the FRB makes it less expensive to borrow money.) ¶ An even faster-acting weapon is the FRB's $23 billion portfolio of marketable Treasury securities. To nip expanding credit, the FRB sells securities through its Open Market Committee at competitive prices, thus sucks in funds from bank reserves. Since banks can lend up to $6 for every $1 in reserve, every dollar paid for these Treasury securities actually...