Word: baits
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Three weeks ago (TIME, Sept. 15) A.T. & T. got in step with the trend SEC had set for utility holding companies, announced it would ask for competitive bids on $90,000,000 of new 2¾% debentures. The three bidders that grabbed for this gold-plated bait: 1) No. 1 proponent of competition, Halsey, Stuart (in association with Mellon Securities); 2) No. 1 opponent (and A.T. & T.'s longtime banker) Morgan Stanley; 3) archenemy of all underwriters, the "private placement" boys, in the person of three big life insurance companies (represented by Mutual Life of New York). The winner...
...bombing materials-a mixture of bran and sodium fluosilicate. Into the Nevada-Utah mountains the pilots fly until they see below them tumultuous marching armies of brown insects, so dense that they look like waves of molasses. Diving within 50 feet of the crags, the pilots drop their poisoned bait. The goggle-eyed, wingless crickets stop, eat, die-95% of them on warm days, 75% on cool days (when they are idler, less hungry...
...today the cured meats account for less than 2% of earnings. Biggest money-maker is chewing gum, which Brother-in-law F. E. Barbour handles. Other big items are strained foods, coffee, peanut butter, soup. Dropped along the way are tomato juice (1940), biscuits (1940), ginger ale, fish bait...
...their annual play, the Puritans have chosen "Room Service," and are in the midst of last minute preparations for two performances next Thursday and Friday. Added to the stage experts of Winthrop are two members of the Radcliffe Idler, who promise to be first class box-office bait...
...going around breaking jinxes all over the place, he has other colorful peculiarities. He "would as soon cite Shakespeare or Gilbert and Sullivan as some legal savant" to prove his point in court; he likes to bully that specie of man named "lawyer"-to "prick their sensibilities, to bait them and make them squirm"; and, (strangest eccentricity of all), "the breath of scandal has never remotely touched...