Word: stocking
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1960
Sort By: most recent first
(reverse)
...millionaire, and last year earned $410,000 (about $150,000 after taxes). Last week McNamara announced that in addition to taking a mammoth salary cut to serve as Defense Secretary (statutory pay: $25,000, plus use of a chauffeured Cadillac), he would sell his 24,250 shares of Ford stock, drop options on 30,000 more shares-a potential personal loss of more than $3,000,000. Typically, McNamara turned down the suggestion from a Kennedy staffer that he should sell the stock to his children, thereby avoiding the loss without violating any conflict-of-interest...
...Manhattan investment banker (Dillon, Read & Co.), Dillon was born in Geneva while his parents were on a Grand Tour, went to Groton and Harvard (magna cum laude, '31). After graduation he bought a seat on the New York Stock Exchange for $185,000 and joined the family firm. He went into the Navy as an ensign in 1942, served with the Seventh Fleet, was discharged as a lieutenant commander. Married in 1931, he has two daughters, maintains homes in Washington, New York, New Jersey, Maine and France...
...trials of the Pirbright vaccine have been limited to South Africa, Kenya and Tanganyika, and until a surefire vaccine is discovered, the British government sees no alternative to mass slaughter of infected herds. Chief reason is that to do otherwise would end Britain's profitable exports of breeding stock to Canada and the U.S., both of which refuse to admit cattle from areas where foot-and-mouth disease is endemic and controlled only by immunization. This was a precaution Britain could well understand, since the most likely cause of Britain's own current troubles was frozen meat from...
When Ford recently decided to buy the rest of the stock (44%) of its British subsidiary, the prospect of $300 million in U.S. capital flowing to Great Britain so worried Treasury Secretary Anderson that he personally tried-unsuccessfully-to get the company to reconsider its plans. The Ford episode highlights the whole question of whether the vast outflow of U.S. private capital should be curbed as one method of dealing with the gold outflow...
...months, How I Made $2,000,000 in the Stock Market by Dancer Nick Darvas has been high on bestseller lists (120,000 copies sold). Last week the New York attorney general threw the book at Darvas. His story, charged the state, is "unqualifiedly false." It could find "ascertainable" profits of only $216,000. Darvas and Publisher Bernard Mazel, head of American Research Council, an investment-advisory service, were ordered to come in and prove that the dancer had indeed made a market killing. The action was the first to be taken under a broadened state law that bans fraud...