Word: mutually
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Dates: during 1950-1959
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...steel strike and Premier Khrushchev's visit. Many of them also agreed on what the market will do next. Said Carl M. Loeb, Rhoades Partner Samuel L. Stedman: "I expect a good strong rally before the end of the year, because there is money piling up in mutual funds, pension funds, and with other institutional investors; but it will be a market of selective stocks." Said Sidney B. Lurie of Josephthal & Co.: "The lows for most stocks are near at hand, and the stage is set for an autumn advance...
...Falk, who for a dozen summers had produced plays in New England Mutual Hall, decided to throw in the towel after losing money the past two summers. Stepping into the gap came the Boston Summer Playhouse. The first offering, a dreadful item called Fair Game, was given an insultingly inept performance. After a quick reshuffling of plans, the Playhouse bounced back with a fairly amusing production of F. Hugh Herbert's delightful sophisticated comedy, The Moon is Blue, in which Frank Langella and Frederick Morehouse '59-3 performed with considerable skill. Jan de Hartog's The Four-poster, a series...
...jerry-built empire of Alexander L. Guterma, financial juggler, began to totter early this year, he desperately sought more cash to save it. Guterma, then boss of the F. L. Jacobs Co.. which controlled the Mutual Broadcasting System and at least twelve other corporations, found a likely moneybags in the Dominican Republic's Generalissimo Rafael Trujillo, always willing to pay for favorable publicity. Last week a federal grand jury in Washington charged that Guterma, 44, collected $750,000 from Trujillo to disseminate "political propaganda" and failed to register as an agent of a foreign power. The grand jury...
...indictment said that Guterma and the other defendants offered to act as Trujillo "publicity agents." see that the Mutual Broadcasting System's 450 affiliated stations carried 425 minutes of favorable news a month about Trujillo for 18 months. A week after the deal was made, Guterma was out of his empire and Mutual as the SEC closed in with fraud charges (TIME. Feb. 23). Mutual broadcasts in February are alleged to have contained Dominican propaganda. But with Guterma gone, the puffs stopped...
...Mutual officials, who were not told about the deal, said they first got wind of it when Newscaster Robert F. Hurleigh (now Mutual president) went on a press junket to Ciudad Trujillo last May, was confronted with the deal by a Trujillo aide. Shocked and angry, Mutual went to the Justice Department. Trujillo's lawyer also went to the Justice Department after he failed to get the money back from Guterma, turned over the alleged contract with Trujillo...