Word: know
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Dates: during 1950-1959
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...Congeners. Experts have long known that some of the unpleasant results of drinking hard liquor are caused by infinitesimal amounts of contaminants technically known as "congeners." The hangover victim who argued, "It isn't the alcohol, it's the congeners," was largely right, but chemists did not know which congeners were to blame. A new technique for separating minute amounts of congeners, said Consultant Robert Carroll, working with Connecticut's Perkin-Elmer Corp., has made it possible to identify eight congeners already, with more to come. Definitely harmful among those identified are acetaldehyde and isoamyl alcohol...
...sports "cars, town houses, Riviera villas, linen sheets-and women who look right in them. "I'm going to have the lot," he announces grimly one day, and, like Sorel, he sets his cap for the daughter (Heather Sears) of one of the richest men in town. "You know, Susan," he tells her, "you're beautiful," and sighs with carefully rehearsed despair that she is "a dear kipper" -too dear for the working-class likes of him. But when he begins to mumble modestly about his sufferings as a P.W. in Germany, the young lady's upper...
...sense, Wall Street is now paying for the success of its campaign to recruit small stockholders. Once a stockholder has an account, the high-priced blue chips that he first bought may seem pretty stodgy beside the greater gains possible in more speculative companies. He knows that top growth companies such as Polaroid and Texas Instruments, which have increased several hundred percent in a few years, were once considered risky. Says Stock Exchange President G. Keith Funston: "We have no objection to people buying into small and little-known companies-provided they know what they are doing...
...Alleghany Chairman and President Allan Kirby. Mrs. Young was long a silent partner in her husband's business affairs. At one time, during the 30's, she was a partner in his brokerage firm of Young, Kolbe & Co. She should, said an associate, add considerable financial know-how to Alleghany's board since "she had a good teacher...
Trade-Ins. The key to Ayer's success is the way he sells. He does not merely dump airplanes for a price, but first makes sure that they can be used and comfortably paid for. For small lines, which do not always know what is best for them, he sends in men to analyze routes, cargo business and profits. Since his credit is better than that of many small lines, and "he can pay off his big purchases as he receives payments for his sales, he can give airlines credit terms that many would not get themselves. Equally important...