Word: co
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Dates: during 1950-1959
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Amiable Idiots. In The Fifth Wheel, Climax (Thurs. 8:30 p.m., CBS) seemed to have an engaging little item. It was made up of a couple of crooks, a couple of priests, the Never Worry Finance Co., a magenta automobile that one of the priests calls Rosey, and $35,000 in cash, robbed from a bank, that the crooks have hidden in Rosey's spare tire. Unfortunately, neither the author, the director nor the actors seemed to realize that the strength of farce rests on credibility and surprise. The incidents that were not predictable were unbelievable, and both crooks...
...buying another 100,000, giving them about one-third of all outstanding stock. Four of his backers,* said Heineman, are "dissatisfied shareholders who came to me on their own initiative." In addition, Heineman said, he could count on 225,000 shares in the name of Bear, Sterns & Co., other investment houses, "and certain of my friends and business associates." Heineman asked the North Western directors for ten seats on the 18-man board, the title of board chairman and chief executive officer, threatened a proxy fight to get control if he is turned down...
...Portland, Ore. Investment Counselors J. Henry Reiser & Co. (80,000 shares), Chicago Financier Franklin Lyons (60,000 shares), Baltimore Investment Counselor Henry Howard (50,000 shares), Louisville retired Broker Clarence K. Reynolds (50,000 shares...
...BANKERS will take over some of Export-Import Bank's loans. Under a new program designed to release Export-Import Bank funds for new lending, the bank will sell $4,000,000 worth of 5% notes (of a total $24 million) owed by Cuba's Cuban Electric Co. to Manufacturers Trust Co. of New York, hopes to line up other private bankers soon...
Died. Robert Morss Lovett. 85, longtime (1893-1939) leftist faculty member of the University of Chicago, associate editor (1921-40) of the New Republic, Government Secretary to the Virgin Islands (1939-43), co-author with William Moody of the oldtime college textbook, A History of English Literature; in Chicago. Charged with Communist sympathies by the old Dies Committee. Lovett was fired from his Virgin Islands post, was cleared in 1946 by the U.S. Court of Claims...