Word: du
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Dates: during 1940-1949
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Divorced. Franklin Delano Roosevelt Jr., 34, third son of the late President, newly elected Representative from Manhattan's 20th Congressional District (see NATIONAL AFFAIRS); by Ethel du Pont Roosevelt, 33, socialite heiress to a Du Pont chemical fortune; after almost twelve years of marriage, two children; in Minden...
...this ratio there were two previous peaks-in 1938 and 1948-as high as last week's. The 1938 bearish peak came just before the market shot up 52 points; the 1948 peak came during a 30-point rise. This moved Wall Street's Francis I. du Pont & Co. to observe last week that the new bearish peak merely means that "Johnny Come Lately is on the bear side [and] it has not paid big dividends to follow him in the past...
When members of the potent Du Pont family began buying into Butler Bros, two years ago, many a Wall Streeter thought "smart money" had moved in, and jumped aboard. They liked it even better when the smart money brought in a smart new president, handsome, hustling G. Robert Herberger (TIME, Aug.11, 1947), a onetime clerk in St. Cloud, Minn. (pop. 25,000) who had made a big name in retailing...
...there seemed to be a considerable difference between Herberger's chain of seven small-town stores and Butler Bros., largest U.S. wholesaler of general merchandise and also operator of 170 retail stores. Neither the Herberger hustle nor the magic of the Du Pont name could get the oldtime profits out of the 62-year-old company. Instead, Butler Bros, lost $4.3 million before tax carrybacks in 1947, squeezed out a small profit last year, but dropped $287,632 in 1949's first quarter. Its stock fell fcom 15 to 7 in two years...
Prokofiev: Classical Symphony (L'Or-chestre de la Société des Concerts du Conservatoire, Charles Munch conducting; English Decca, 4 sides). Conductor Münch often gallops through music that demands a more becoming pace; here, where they are not needed, he too often wears hobbles. Recording: excellent...