Word: backed
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Dates: during 1950-1959
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...long-term rates and tighten money enough to choke off gains in business. Finding a solution to the Treasury's problems cannot wait much longer. In July the Treasury will have to borrow additional billions. A sudden sharp contraction in the stock market might conceivably cause a shift back into bonds, but nobody regards that as a real solution...
Stock Control. Hoping to avoid a proxy fight, Evans and Landa persuaded Gurdon Wattles, chairman of Electric Auto-Lite Co. and a Crane director, to back them with 322,900 shares of Crane stock owned by Auto-Lite. They also went to Mrs. Emily Crane Chadbourne, 89, only living daughter of Crane's founder, explained that Evans' chief argument with Crane President Neele E. Stearns was over Stearns's slowness in expanding the firm's inadequate network of independent wholesalers. Proof of Evans' complaint was Crane's first-quarter earnings (23? per share...
Among these was Private Stephen Prosniak, a kleptomaniac who was suffered by his comrades only on the promise that he would give back on Saturday everything he had stolen during the week. Prosniak became a bona fide hero, killing dozens of Japanese-so he could collect souvenirs from their bodies. Then there was Lieut. Peter Claver Kenton, a delightful dipsomaniac with a habit of absenting himself from duty to work part time as a bowling-alley pin boy and as a desk clerk in a whorehouse...
Commodore Bartle Bull, the CRIMSON mentor, rallied his forces for the supreme effort. Three times the entire batting order strode to the plate and, sparked by back-to-back grand slammers by "Cherokee" Chadwick and Boise Bryce Nelson, battered the stunned disk-jockeys...
While the bewildered Shenefield shambled back to the mound after watching the 22nd run tallied, Longwood speedster Fred Byron raced to the plate with the record-breaking 23rd score...