Word: interests
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Dates: during 1940-1949
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Beshoar's business, of course, is to cover the news of national interest that originates in the Rocky Mountain states.* During and since the war an increasing volume of news has come from there. Denver itself, the focus of transcontinental railroads, highways and airlines, is the largest, fastest-growing business center between Chicago and the Pacific Northwest. As such, it is the natural center of TIME Inc.'s news gathering forces in the area...
Another reason for Asahi's success is the interest it takes in its readers' welfare. It underwrites orphan asylums, conducts a free tuberculosis clinic, distributes Christmas presents to the poor, supports the annual All-Japan Baseball Series, has sponsored concert tours by such foreign artists as Violinist Jascha Heifetz. In the 1923 earthquake that wrecked its own Tokyo plant, Asahi raised 2,000,000 yen ($970,000) for disaster relief...
Cousin Cissy's estate included not only the Times-Herald but also about a one-eighth interest in the Patterson-McCor-mick family trust, whose 2,000 shares control both the Chicago Tribune and the New York Dotty News. Under Cissy's will, the stock was part of her residual estate, earmarked for such charities as Chicago's Children's Home and Aid Society and the Cradle Society. But it looked as if the stock might have to be sold to help pay inheritance and estate taxes. That posed for Colonel McCormick the horrible prospect...
Until the Russian attack of 1939 put a moratorium on her World War I loan from the U.S., Finland had never missed a remittance day. She had paid the U.S. Government more than $8,000,000 (chiefly in interest) on the original $8,281,926.17 relief loan. After World War II she began paying again, still has $13 million to go. "These remarkable people," declared New Jersey's Senator H. Alexander Smith last winter, "appear determined in a world of forgotten principles to make their country an example of integrity...
People seemed to have decided that the U.S. economy was in for another shot of inflation, with the Administration committed to a program of deficit financing. Some Wall Street professionals, on the other hand, were betting against it. In July, the New York Stock Exchange's short interest (i.e., the number of shares sold short by pessimists in expectation of falling prices) hit a 16-year peak of 1,844,313 shares...