Word: stocking
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Dates: during 1950-1950
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...sign-bearers were playing an ambivalent role. As part of the 200,000 employees (out of 600,000) who have bought A.T. & T. stock at the company's urging, they represented management. But they were also getting in some licks for the 16,000 C.I.O. unionists who were on strike at A.T. & T.'s subsidiary, Western Electric. The strikers had been picketing A.T. & T. exchanges, trying to disrupt service and sometimes, as in Philadelphia, trading wallops with police who tried to clear the buildings...
...strike sympathizers subsided. When the vote came, many of them dutifully lined up with management and other stockholders to approve a plan to set aside 3,000,000 more shares of A.T. & T. stock for employees to buy at $20 under the market price (latest quotation: $150). They also approved an increase of common shares from 35 million to 45 million, and the raising of $435 million in new financing (TIME, Oct. 2). Such felicity proved catching. This week Western Electric granted wage boosts averaging more than 10? an hour, and the strikers went back to work...
...Lloyd Jordan has an intense desire to win games. He hates to lose, and he takes no stock in moral victories. Whether or not he is still coaching here in three or four or five years, the groundwork will be there
...fact, Randolph Hall (now Adams D--I entries) allegedly has chambers in the basement known as the "slave quarters"; here the personal valets of the Indian princes and maharajas supposedly kept inventory of "Master's" persian rugs and stock of incense...
Died. Julia Marlowe (real name: Sarah Frances Frost), 84, for almost four decades (1887-1924) one of the brightest stars of the American stage; in Manhattan. Born in northern England of farmer stock, she moved to Kansas with her family at five, played her first stage part in Cincinnati at twelve, reached Broadway stardom in 1887. Best known for her warm, throaty "Juliet" and "Ophelia," she toured the U.S. for years with her husband, famed Actor E. H. Sothern ("Sothern & Marlowe"), made Shakespeare a big box-office attraction. She retired in 1924, lived in seclusion at Manhattan's Plaza...