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...news-thick paper. On gross newspaper revenue of $85,576,162 in 1958, the Times netted $166,052-less than one-fifth of 1%. For the handful of public stockholders (some 200), the picture was not quite as grey as that figure indicated. The Spruce Falls Power & Paper Co. Ltd., in which the Times holds a 42% interest, turned a tidy profit of $1,119,307. Preferred shareholders earned an 8% return on their investment-1% better than in 1957-and the Times chalked up its 61st consecutive year in the black...

Author: /time Magazine | Title: The Press: Thick Paper, Thin Profit | 4/20/1959 | See Source »

...buyer seeking the ultimate in economy, Britain's York Noble Industries Ltd. had a new, fiber-glass-bodied Nobel 200, a tiny (672 lbs.), gas-saving (85 miles per gal.) bubble of a car that seats a family of four and goes as fast as 63 m.p.h. Lowest-priced auto at the show, the Nobel will sell for $998 complete, or $895 in a do-it-yourself, semi-knocked-down kit assembled in 100 man hours...

Author: /time Magazine | Title: AUTOS: Wheels for All | 4/13/1959 | See Source »

Shuddering millions may or may not recognize this nightmare as a remake of Boris Karloff's film classic, The Mummy. Whether they do or not, the sixth straight gals-and-ghouls movie (and 59th film) turned out by Britain's brash little Hammer Film Productions Ltd. is sure to be boffo all over the world. Last week Hammer's short, hard, bright boss. Colonel* Jimmy Carreras, 49, knocked the bung out of yet another barrel of blood: he gave Britons a fresh and frightening look at Sir Arthur Conan Doyle's Hound of the Baskervilles...

Author: /time Magazine | Title: MOVIES ABROAD: Gold from Ghouls | 4/6/1959 | See Source »

...bulging (6 ft. 2 in., 256 lbs.), blue-eyed son of an immigrant Lithuanian shopkeeper, Chesler grew up in Peterborough, Ont., quit university to go to work on Toronto's Bay Street. As a customer's man for the brokerage firm of Draper Dobie & Co. Ltd., he showed a talent for picking the right stocks, later grew rich underwriting dozens of Canada's new mining projects, chiefly those of Ventures Limited, the mining colossus...

Author: /time Magazine | Title: TYCOONS: A Fast $70 Million | 3/30/1959 | See Source »

Industrial Wire & Cable Ltd., and Providence's Grant Money Meters Co. (toll-road coin boxes). Universal estimates that earnings for the fiscal year ending in March will rise 56% to about $3,900,000, or $2 per share. That means Universal stock sells at a steep 48^ times earnings; Chesler's $1,000,000 ante in Universal has zoomed to a market value near $25 million...

Author: /time Magazine | Title: TYCOONS: A Fast $70 Million | 3/30/1959 | See Source »

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