Word: mum
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Though both RFC and McCarthy were mum on why he needed such a whopping amount, oilmen gossiped that he wanted to pay off his corporate debts (estimated to be upwards of $50 million) and use the rest to develop two promising new oilfields. Why had he gone to RFC? The fact that he had done so seemed to mean that he could not get the cash from private sources, since RFC lends money only when private sources...
...Barron's this week, its present editor, George Shea, crack corporation analyst, will become financial editor of the Wall Street Journal. The two will work closely together. Davenport would like to see Barron's slowly become a more influential journal of political and economic opinion, but is mum about specific changes. Says he: "There's no magic in this business. It'll come out in the doing...
...talk. The royal child weighs 25 Ibs., is tall for his age, has six teeth, already has taken his first steps, and has had his name put down for the Grenadier Guards. Only available quotes-considered adequate by most Britons-as his 40-lb. birthday cake was cut: "Papa; Mum-mum...
...Wall Street. Their choice: Harry A. McDonald, 55, the first Republican boss of SEC since it was set up in 1934. SEC's three Democratic commissioners voted for McDonald to succeed Edmond Hanrahan, who resigned as SEC chairman last month (TIME, Oct. 24). Although the White House was mum, President Truman apparently approved also...
...China does not want the French, with or without former Emperor Bao Dai. Nehru regards Bao Dai as a puppet of the French, and he would rather take a reluctant chance on Communist Ho Chi Minh than back the French. But, under British and American persuasion, Delhi is keeping mum about Indo-China...