Word: ponts
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...deal was managed by Hugh R. Sharp Jr., 37, cheerful, stolid son of the late Isabelle du Pont Sharp (sister of Irénée, Lammot and Pierre). Though Sharp, who shares Uncle Pierre's Wilmington office, minimized his family's holdings in Butler Bros, ("a good deal less than 10%"), there was no mistaking who was in the saddle. Sharp, who joined the Butler board early this year, last week persuaded President Thomas B. Freeman, 60, to kick himself upstairs into the board chairmanship. In as president went G. Robert Herberger, a handsome, hustling merchandiser...
Said Francis I. du Pont & Co.'s Thomas W. Phelps, a leading exponent of the Dow theory: "The stage is set; if the industrials and rails now can advance above their February highs, the bull market will be signaled." On July 11, the industrials broke through the February high, but the rails failed to follow...
...novels of William Faulkner, Erskine Caldwell and John Dos Passes, lived in the dingy, Left Bank Hotel de la Louisiane. Until recently, Sartre did most of his writing at a table in the Café de Flore. Since he became a celebrity, he works in the plushier Pont-Royal bar, where only well-heeled existentialists can afford to interrupt...
Most important, to U.S. companies was the old charge that Farben had weakened the U.S. by cartel agreements with Standard Oil Co. of New Jersey to restrict synthetic rubber development, with Aluminum Co. of America and Dow Chemical to restrict magnesium production, with a Du Pont subsidiary to prevent export of tetrazene (an explosive) to Britain...
...finish up, took a law degree at Columbia, went on to Oxford. Now 50, for 22 years he was a faithful member of the Byrd political machine, was elected four times to Congress, once to the governorship. Although Darden doesn't need the money (he married a Du Pont), he will now get a raise. Virginia pays its University presidents $15,000 a year-$5,000 more than the governor gets...