Word: betting
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Lloyds offered 33-to-1 against any newsman's bet that he would be killed. But professionally imaginative correspondents took little comfort from these odds, or from such grim expressions of goodwill as were offered by the commanding officer of the assault unit to which A. P.'s lank, drawling Don Whitehead was assigned; Said the C.O.: "We are ready to help you. . . . The people at home won't know what is happening unless you are given information and I want them to know. ... If you're wounded, we'll take care...
...mean heavy orders for the steel industry. And then it soared after the reluctant admission of Sir John Anderson, Chancellor of the Exchequer, that the cost of living must be allowed to rise five points. Thus, by plunking cash into the market, Britons could hedge against wartime inflation and bet on postwar prosperity. Added inducements: no double tax on dividends, as in the U.S., no capital-gains tax. Underlying all this is the fact that Britons (both corporations and individuals) who have cash in their pockets can find almost nothing to buy. British money can only go into banks, bonds...
Undiscouraged, Hawley set rigs drilling in Kansas, Oklahoma, Illinois, Arkansas and Louisiana. He blandly ignored gloomy geologic reports. In many cases he bet on his hunches. He put down 13 wells before he even struck gas-and that in small quantities. On his 22nd well, in Cowley County, Kansas, he finally struck oil. But it was a piddling 25 bbl. a day. Hawley kept as closemouthed on the cost of these wells as he generally is on all his business. But oilmen guesstimate that with the wells costing from $30,000 to $125,000 apiece, he must have lost...
Poker-faced Harry Ford Sinclair likes to bet on horses, cards, anything at all. But best of all the jowly oilman likes to bet on oil. Last week he was up to his old tricks. First he stood up before the annual meeting of Sinclair Oil Corp. stockholders in Manhattan. He had good news. In the first three months of this year, Sinclair Oil Corp. earnings before taxes were double those of the same period last year. So President Sinclair (whose friends call him "Sinco") recommended that dividends be increased...
...next three years at a fixed price of $13.25, some 50? above the market price. Many a stockholder howled, protested that Sinco was getting something for nothing. But the deal was put through by a vote of 7,648,244 to 835,959 shares. In effect, Sinclair bet that the stock would sell above $13.25 in the next three years -and stay there. He did not have long to wait. When the news of the dividend increase hit Wall Street, Sinclair stock promptly...