Word: picking
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Dates: during 1950-1959
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...Government, which lost its five-year antitrust suit to force Du Pont to sell its 22.6% ownership of General Motors Corp. two months ago (TIME, Dec. 13), announced last week that it would appeal the case to the U.S. Supreme Court. Normally, appeals from a lower court pick out errors of law. But in the Du Pont case the Justice Department said it would challenge Chicago Federal Judge Walter J. La Buy's entire interpretation of the evidence in the case. He had ruled that "Du Pont has not had, and does not today have, practical or working control...
...share for every 20 currently held. Wall Streeters expected Du Pont to sell the options it will get for 1,000,000 new shares (it now owns 20 million), thus reduce the percentage it holds in G.M. But in Wilmington the company announced that it would pick up the options and buy 1,000,000 shares to keep its percentage at the same level. Cost to Du Pont: between $75 and $85 million, depending on the final offering price. At the news G.M. jumped 2⅛ points, to 100 on the New York Stock Exchange...
...biggest claim buyer of all is Atlas Corp.'s Floyd Odlum, who bought out Vernon Pick's Delta uranium mine for $9,000,000 (TIME, Sept. 6), is now on his way to gathering up the biggest acreage. His Federal Uranium Corp. will combine his Federal Uranium Co. with six companies (Kentucky-Utah Mining Co., Western States Uranium Co., Interstate Uranium Co., Utida Uranium Co., Howell Mining Co. and Uranium Inc.) holding total claims with an estimated $6,000,000 to $7,000,000 in ore reserves. Much of the new buyers' rush is for Federal...
William G. Saltonstall '28, Principal of Phillips Exeter Academy, called Smith's assertion "exaggerated." Most students pick a college principally for intellectual reasons. Saltonstall said. "I don't agree that very many are that conscious of social pressure," he added...
...Dartmouth has three men to pick up Glover's slack. Duke Hust can beat him in the 440 with a 4:55. Glover can do a 2:08 220, but his fastest time this year has been 2:12.5. Hust is less than a second behind him in this event. Glover's top 100 time this season was a fast 50.8, but Hust can stop the Crimson with a 52. Only with Jim Jorgensen in the 220 does the varsity have a chance...