Word: generalize
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Dates: during 1940-1949
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Among the so-called "general monthly" magazines, which aim to please both men & women readers with formula fiction and features, McCall Corp.'s Redbook (circ...
...photoelectric eye which is attached to the rim of the patient's ear; it reacts to the color of the blood in the ear: bright red when there is enough oxygen, darker as the oxygen diminishes. A year ago Charles F. ("Boss Ket") Kettering,* former head of the General Motors Research Laboratories, joined the team to iron out some technical bugs...
...momentous struggle to keep its empire intact. Only two weeks ago, it split its high-priced stock ($179), thus bringing its price down to $45 so that smaller investors could buy it, and, in effect, become Du Pont's allies. Last week, the expected assault began. Attorney General Tom Clark filed an antitrust suit in Chicago's Federal Court to break the $1,585,000,000 Du Pont holdings into at least four pieces. It was the biggest of the long list of antitrust suits the Government has filed against the company since 1907, when Hercules Powder...
...Pont family controls the Christiana Securities Co. (TIME, Feb. 21), a holding company in which anyone can buy stock (current bid price: $3,050 a share). Christiana Securities Co., plus other holdings of the Du Pont family, control E.I. du Pont de Nemours & Co. In turn, Du Pont controls General Motors Corp. through its 10 million shares of G.M. stock. Du Pont and G.M. together own Kinetic Chemicals, Inc., a maker of refrigerants; G.M. and Standard Oil Co. (N.J.) own Ethyl Corp. (Jersey Standard is not named in the suit). Members of the Du Pont family, as individuals...
...this quest has arisen the lustiest, fastest-growing phenomenon in U.S. finance: the investment trust, notably the "open-end" or "Boston-type" trust. Though the ailing securities market in general is barely breathing, the nation's investment companies sold $80 million worth of their own shares in the first quarter of this year, an increase of 26% over 1948. Said Edmund Brown Jr., president of Manhattan's fast-selling Fundamental Investors, Inc.: "May was the biggest month in our history and June was almost as big. Last year's business was around $10,000,000; this year...