Word: prospectuses
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When Hadden and Henry R. Luce, TIME'S cofounders, got down to writing a prospectus for the Weekly Newsmagazine, they put this thought in politer language. Said their prospectus...
Last week, when K-F proposed its third stock issue (1,500,000 shares, price undetermined), it had something more concrete to offer. In the prospectus, filed with the Securities & Exchange Commission, K-F said it had grossed $227.5 million in the first eleven months of 1947, and had netted a profit of $15.5 million. (These figures, said K-F, were unaudited, thus subject to change.) By November, the rate of profit had risen to about $4.7 million a month, enough to wipe out the 1946 loss of $19,000,000. And K-F still had $18 mill...
...Progressive is growing towards its intended collegiate role, nevertheless. The back-cover prospectus for the next number seems very promising, indeed...
...volunteer steering committee which will draw up a prospectus for the organization and present a constitution to the membership was chosen at yesterday's meeting. The committee will also pick a chairman for the group...
...Wallace movement, the prospectus states, is alone in its fight to preserve civil liberties in the United States...