Word: assets
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Dates: during 1940-1949
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...desert ranch which his wife (No. 2), Aviatrix Jacqueline ("Jackie") Cochran, owns at Indio, Calif., 130 miles east of Los Angeles. He had thinking to do. Since end of 1929 U.S. investment trusts have suffered dollar & prestigewise (TIME, March 25). Atlas alone had conspicuously beaten the game. Its asset value per common share had risen from $5.06 to $12.80-153%. It had distributed nearly $60,000,000 of its peak assets, plus around $20,000,000 in dividends. What was left in the kitty was largely profit to Atlas' original security holders...
...capital from Atlas, the hope that this can be put to work to earn a return handsome enough for expansion plus dividends, and a straightened-out capital structure. To holders of Atlas' 3,000,000-odd shares of common (year-end net asset value: $12.80), it means trading $5 per share of their asset value for 65/100 share of Curtiss-Wright Common having a market value of over $6.75 ($10.50 a full share), and the remaining $7.80 per share of their asset value for one share of Odlum's special situations company. To Atlas...
Presidential Son Elliott Roosevelt, speaking to the Cleveland Automotive Trade Association, was asked whether he thought the Dies Committee, headed by fellow Texan Martin Dies, was an "asset or liability." Said he: "Until recently I was neutral. Then I learned John L. Lewis was going to spend $250,000 to defeat Dies. Now I consider Dies the greatest statesman in America." Said Elliott's mother: "He is much younger than I thought...
...went crazy over this sign of rain. They were comparatively unexcited by another Ohio G. O. P. victory, the expected 2-to-1 election of plutocratic Frances Payne Bingham Bolton* of Cleveland to succeed her late husband, Chester C. Bolton. Sharp-witted Mrs. Bolton was a gilt-edged financial asset, but Coshocton Contractor McGregor was a real homespun portent...
...little Elmer," the Warren (Pa.) Western Union messenger boy who caught his boss getting names out of the phone book (at the instance of Associated), to sign to indignant telegrams to Washington demanding that the holding-company bill be defeated. To Trustee Driscoll will go the job of bringing asset-recovery suits, if necessary, against the Hopson gang...