Word: kote
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Chinese-North Korean armies have cut off the read between Hamhung and Woman on the east coast, and have increased their pressure on trapped elements of the U. S. First Marine Division, cut off at the southern tip of the Changlin reservoir. At Kote, just north of Hamhung, Marines of the First Regiment were surrounded and greatly outnumbered by heavy enemy concentrations...
...Manhattan's banking house of Lehman Brothers wrote a long letter to John J. Burns, general counsel to the Securities & Exchange Commission. They wanted to know, in effect, whether it would be legal for Lehman clients and certain associated bankers to stabilize the market for stock in Flint-kote Co., control of which Lehman bought from Sir Henri Deterding's Royal Dutch-Shell (TIME, March 30). Lehman was distributing stock in this old U. S. roofing and asphalt concern to the public, and the open market price of the stock had dropped $3 per share below the figure...
Then comes the Forecast whom we call the Great Democrat (and the Forecasts have always been democratic). He voluntarily gave up his baronetcy and enter. Forecast Kant-leak Kote, the frst waterproof coal on the market. And he with the help of his advertising manager, a smart young chap named Raliegh, pulled the greatest publicity stunt that the cloak and trade has known, and the Forecast fortune was forthwith made...