Word: inces
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Dates: during 1950-1959
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JOSEPH H. COURTNEY Morgantown Glassware Guild, Inc. Morgantown, W.Va...
...four top college students who marched into his White House office last week. Ike was pleased not just with their extraordinary academic records. Each of the students is bright, talented, spirited-and blind. Ike handed them $500 checks signed by Manhattan's Recording for the Blind Inc., which supplies the blind scholars (and 750 others in some 300 colleges) with free textbooks on 16½-r.p.m. records, made by 1,200 volunteers in every walk of life. The four prizewinners...
...staff saw light ahead, and M.I.T. began switching out of defensive stocks and into railroads, automobiles, mining and steel. With a poker player's eye, Robinson could look at a company's present and guess its future. He personally researched the Texas Co. (now Texaco, Inc.), persuaded the trustees to buy 15,000 shares. The trust kept on buying until it had put $9,400,000 in Texas Co.; today the shares are still in M.I.T.'s portfolio-at a market value of $44 million...
Giant Challengers. The mutual fund industry has waxed so prosperous that several giants have grown up to challenge M.I.T.'s supremacy. Many of them have gathered several mutual funds under their wing. The other top fund managers: ¶ Investors Diversified Services, Inc., of Minneapolis, handles five different mutual funds. The biggest: Investors Mutual, Inc., a balanced fund with assets of $1.4 billion. Scholarly I.D.S. President Joseph Fitzsimmons likes to quote Don Quixote to explain his investment philosophy (" 'Tis the part of a wise man not to venture all his eggs in one basket"), but he keeps...
Died. Whitley Charles Collins, 61, president of Northrop Aircraft, Inc.; of a circulatory ailment; in Los Angeles. A banker by training, Collins brought financial know-how to Northrop when he took over in 1954, in four years saw its sales rise from $171 million to $256 million...