Word: allene
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Dates: during 1950-1959
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Sportcaster: Mel Allen (Mutual...
Colgate Comedy Hour (Sun. 8 p.m., NBC-TV). Starring Fred Allen...
Other businessmen, cheered by the election results, were also taking up arms. Television Manufacturer Allen B. Du-Mont gathered representatives of 62 "growth" companies whose profits have doubled between 1946 and 1949, hence would be hardest hit by any tax which regards recent profits as "excessive." Du-Mont's group organized the National Conference of Growth Companies, plugged for a flat levy on earnings instead of an excess profits tax. Barring this, they wanted a tax base which would not penalize their sudden growth...
Wall Street has seldom seen a nimbler broken-field runner than 47-year-old Charles Allen Jr. A New York City boy who quit school at 15 to be a Stock Exchange messenger, Allen learned the Street's ways so well that he parlayed his pocket change into $15 million. With his younger brothers Herbert and Harold, he built the potent investment banking firm of Allen & Co. (TIME, Aug. 2,1948). They bought up and reorganized the Rockefellers' famed Colorado Fuel & Iron Corp., Germany's war-forfeited American Bosch Corp., captured many another plum with their sharp...
...already looked as if the Aliens might cash in on their latest "special situation." To keep the loyalty of its other stockholders, jittery Sun Life last week hinted that the $2 dividend rate on the split stock would soon be boosted to $3 a share. If so, Stockholder Allen would get the raise, along with the rest...