Word: stocking
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Dates: during 1950-1950
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...case of atomic warfare with Russia (which will come just as soon as Russia has a good stock of atom bombs), Washington, D.C. will be the safest place in this country . . . Stalin is no fool; with the one exception of Winston Churchill, he is the smartest man in the world today. He knows he cannot trust his closest associates in the Kremlin, but that he can depend on plenty of assistance from [Washington...
...took the job, Hoffman would not lack for funds. Old Henry Ford and his son Edsel had bequeathed the Ford Foundation 81% of Ford's non-voting stock (estimated worth: $250 million), primarily as a device to stave off inheritance taxes which would have shaken the family's hold on the company. Dollars kept clinking into the foundation's vaults as fast as Ford cars rolled off the assembly lines. So far only $27 million of the conveyor-belt income had been passed out, and the trustees had called in a special committee of scholars to tell...
...experts to run away with the pennant once more. Instead, in second place last week, they were taking the dust of the pennant-bound Phillies. Last week, also, a secret was out. Rickey, always a wise head at selling at the right time, had put his block of Brooklyn stock (25% interest) up for sale. The asking price: something around $1,000,000. The man on the inside track: New York Realtor William Zeckendorf, who specializes in big deals (he gathered up the Manhattan property which John D. Rockefeller Jr. later gave...
Grant, who had already bought 20% of the stock, managed to convince the trustees that he alone was the man, by the terms of Nieman's will, "most likely to carry on the Journal tradition" of printing the news, free from all outside influence...
This average was still a shade below its mid-June-and bull market-high of 228.38. But some stock averages with a wider cross section of the market (e.g., the New York Times index of 50 combined stocks) had already broken through their June peaks and reached the highest levels since 1931. The conviction that victory was closer also brought a shift in trading psychology. The favorites last week were the television, motor and other "peace" shares, hardest hit by scare selling at the outbreak...