Word: ponte
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...Pont Theater (Tues. 9:30 p.m., ABC). One Day at a Time, a dramatization of the founding of Alcoholics Anonymous, with James Daly...
Grace Chemical Co. Du Pont has contracted to buy 600-acre tract, plans to build plastics, chemical plant...
What kind of car will the U.S. buyer be getting in 1961? It will be lower, more powerful and more gadget-packed, predicted Paul Richard, automotive development manager for E. I. du Pont de Nemours last week, but not any heavier or longer. Engines, says Richard, will be stepped up from the present average of 227 h.p. to 280 h.p., "and some cars will offer in the vicinity...
...mean. Investors, for example, often talk of a "$6 rise" on the Dow-Jones industrial average. Actually, the Dow-Jones is not a dollar average at all, but a point average. Dow statisticians calculate it by totaling the per-share value of 30 prime industrial stocks (among them: Du Pont, General Motors, General Electric, U.S. Steel), then dividing the sum by a "constant divisor" which they adjust to account for stock splits. Currently, the divisor stands at 4.566, meaning that each point in the average is equal to $1 divided by 4.566, or about 22?. Thus, a 6-point jump...
Businessmen who once decried Gov ernment meddling in the economy also recognize that most federal police powers, e.g., regulation of the stock market, benefit business as well as the consumer. Most businessmen today agree with Du Pont Chairman Walter S. Carpenter Jr. that the anti-trust laws, under which his com pany has been haled into court 22 times, "are fair and should be vigorously enforced." Though some businessmen still argue publicly that the Federal Government should stop regulating business, the majority agree privately that Government intervention is preferable to the economy of the jungle. Says Standard...