Word: sharing
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Dates: during 1960-1960
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...kind legislate against the advisability of a shelter program. These considerations spring from the world consensus that mankind has a bleak future in a permanent "armsathon," and that no effort to call a halt is too great or too soon. The United States, if she is to contribute her share to diminishing the conflict, must unencumber her defense structure of excessive business interests; she must achieve an alert flexibility in disarmament talks and foreign policy...
...Chase Manhattan Bank, second largest in the nation after California's Bank of America, reported net earnings up 20.1% for the first nine months, from $3.42 to $4.11 per share, despite a third-quarter increase of only 11.9%. The third largest U.S. bank, the First National City Bank of New York, posted a 14.5% nine months' gain over 1959, with per-share earnings up from $4 to $4.58. Its third-quarter gain...
Morgan Guaranty Trust Co. boosted earnings 26.8% for the nine months, from $4.18 to $5.30 per share, and third-quarter earnings were up 14.8%. Profits of the Chemical Bank New York Trust Co. were up 5.4% for the nine months to $3.60 per share, and third-quarter earnings held steady. Despite a third-quarter earnings decline of 3%, Irving Trust Co., the ninth largest U.S. bank, came through with a 27.3% increase in the nine months' period, shooting earnings from $2.03 to $2.59 per share...
Outside New York, banks did as well or better. The First National Bank of Boston, despite only a 3.5% third-quarter increase, raised nine months' earnings 11% to $4.69 per share; the National Bank of Detroit gained 17.3% to $4.25 per share; the Philadelphia National Bank pushed up from $2.38 last year...
...hottest stocks on West Germany's stock exchange last week, avidly sought by German and foreign investors alike, were close cousins known by the tongue-twisting names of Farbenfabriken Bayer, Badische Anilin & Soda-Fabrik (B.A.S.F.), and Farbwerke Hoechst. Each was selling not far from $200 a share, and Bayer briefly outdistanced (in total market value) even the shares of Daimler, long the most popular stock on West German markets...