Word: bay
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Dates: during 1950-1959
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...crash was a double blow to the Navy: last December the Seamaster's sister ship and prototype also exploded on a test flight and plunged into Chesapeake Bay. Reason for the first crash, in which all four crewmen were killed: malfunction of the tail-control surfaces that forced the sea-jet into a wild loop while flying close to the speed of sound...
...been necessary to protect the unknowing American investors. Few, if any, of them had lost money on the stock. In fact, they could have made a lot. Those who had lost money-and stood to lose a great deal more-were the hardeyed professional speculators on Toronto's Bay Street who had committed one of the mortal sins of speculation: they had been "caught short" in Chatco stock. They had sold thousands of shares of the stock in hopes that it would fall and they could pick it up later at a cheaper price for delivery to the buyer...
Down & Up. As rumors spread on Bay Street that the Toronto Stock Exchange would probably suspend Chatco, the speculators sold thousands of shares short, figuring that the suspension would knock down the price of Chatco as it did Great Sweet Grass Oils only three weeks before (TIME, Nov. 5). But the short sellers made one big mistake: they failed to realize that Chatco has only 160,000 shares outstanding. Shannon owned about 36,000 shares, and the Leonhardt interests a big chunk of the rest, leaving few shares around for trading. When the suspension was announced, the stock dropped from...
Bundy came to Harvard as Junior Fellow in Government in September 1941. While here he decided to run as the Republican machine candidate for a Boston City Council seat from the safe Back Bay district "to gain laboratory-experience in politics," as he puts it. He lost by 35 votes. When war broke out in December, he tried to volunteer for military service, but was turned down because he was underweight and his eyes were weak. Disappointed in his wish to see combat, he was recruited by an old family friend, Archibald MacLeish, to serve with Arthur Schlesinger Jr., Charles...
...test Barbizon put his mind to his business and kept it there. Expertly handled by Willie Hartack, the big bay ran in the center of the field through the first two quarters, moved into contention on the turn. Bold Ruler, one of the early front runners, flicked another horse's heel while moving away from the rail, lurched and was left hopelessly behind. Swinging to the outside, Jockey Hartack nudged Barbizon into a thundering stretch drive that carried him past the field to a thin victory over Runner-Up Federal Hill. For his day's work, Barbizon collected...