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Last September, the corporation sold its first stock (1,700,000 shares) at $10 a share. In the booming stockmarket it climbed slowly to $15 a share in over-the-counter trading. On Jan. 3, the corporation announced plans to float an additional issue of 1,800,000 shares, asked the Securities and Exchange Commission to approve. At the market price, the new issue would have brought some $27,000,000 to the corporation...

Author: /time Magazine | Title: WALL STREET: No Cars, But . . . | 1/21/1946 | See Source »

...neon-lighted after dark years, and the stiff white shirt front would be back once more, a gleaming and irresistible target for females with an urge to write with lipstick. Between the last tick of 1945 and the first tock of 1946, U.S. citizens would consume enough alcohol to float a rinkful of ice, and the thin, happy bleat of paper horns would echo from time zone to time zone in pleased disregard of the atomic age and all waiters...

Author: /time Magazine | Title: THE PEOPLE: This Side of Paradise | 12/31/1945 | See Source »

...unfavorable balance of trade. Both were logical U.S. concessions: without the five-year grace period, Britain would simply pay the U.S. interest out of U.S. loaned capital; the escape clause flowed logically from U.S. assurances to the doubting British that world trade was bound to revive and float British exports up with...

Author: /time Magazine | Title: International: Unwitting Shylock | 11/5/1945 | See Source »

Wright had built daringly and well against earthquakes: he designed the Imperial to float like a flexible collection of barges on Tokyo's soft mud. The floors were cantilevered on supports which carried them the way waiters carry trays on one hand. To keep the center of gravity low, the outer walls (double shells of brick poured solid with concrete) tapered toward the top. All piping and wiring was laid free of the construction in concretecovered trenches. An immense pool guarded the building from the fires which usually follow Japanese quakes...

Author: /time Magazine | Title: Art: Made in Japan, U.S.-Designed | 9/24/1945 | See Source »

...hinterland, from Chungking to Kunming, China's exiles were selling their makeshift furniture, preparing for the long trek home, for the sadly happy task of picking up the old threads again, however tangled and torn. Some gathered on the Yangtze banks, searching for rafts to float downstream. Others pushed carts and trudged by foot along the roads leading from the citadels of resistance. The tide of humanity, some 25,000,000 strong, which had flowed from the coast to the interior over an area half as big as the U.S., was rolling back again...

Author: /time Magazine | Title: CHINA: I Am Very Optimistic | 9/3/1945 | See Source »

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