Search Details

Word: sales (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

Trouble for Managed Funds began last July when SEC suspended Managed Funds' registration, stopped the sale of its stock. At fault, said SEC, were the fund's founders and chief officers, Hilton H. Slayton and Hovey E. Slayton. Although the Slayton cousins had built Managed Funds into a fund with 22,000 stockholders and investments of $80 million, SEC found that as Managed Funds' managers, the Slay tons left much to be desired...

Author: /time Magazine | Title: WALL STREET: Mutual-Fund Fight | 4/4/1960 | See Source »

...Does What. When the Slaytons stepped out under SEC fire, the control of Managed Funds was up for grabs. A New Jersey mutual-fund and investment operator, Morris M. Townsend, moved in quickly, took an option to buy the old Slayton sales firms if he won the proxy battle, hired Slayton salesmen to sell Managed Funds shareholders the Townsend case. The Channing Corp., headed by Kenneth S. Van Strum, which operates eight mutual funds worth $218 million, challenged Townsend. It pointed out to Managed Funds' stockholders that, if Townsend won, the Slaytons would reap another profit through the sale...

Author: /time Magazine | Title: WALL STREET: Mutual-Fund Fight | 4/4/1960 | See Source »

...converted minesweeper from the British Royal Navy. Aboard the Calypso, Cousteau gathered the material and shot the films that were to bring sudden fame to diving and himself. The Silent World, written originally in English, was published in the U.S. in 1953, sold more than 486,000 copies (worldwide sale: 5,000,000). His 86-minute color film of the same name won the Grand Prix at the 1956 Cannes Film Festival, and an Academy Award...

Author: /time Magazine | Title: Sport: Poet of the Depths | 3/28/1960 | See Source »

Eventually he did want for guineas. When Hunter died in 1793, heart-ailing and gouty, he was nearly bankrupt. Not even the sale of their country house kept Anne from the indignity of turning nanny...

Author: /time Magazine | Title: Books: Pioneer Pathologist | 3/28/1960 | See Source »

...tales (Mine Enemy Grows Older) were tall, often funny, sometimes vulgar, and full of invective. After several plugs on the Jack Paar show, Enemy zoomed to a hard-cover sale of 150,000 copies. Its sequel, May This House Be Safe from Tigers, reached the top of the bestseller list last week, rocketed along at a clip of 1,500 copies a day. Plainly, Alexander King threatens never willingly to become an ex-autobiographer...

Author: /time Magazine | Title: Books: Bestseller Revisited, Mar. 14, 1960 | 3/14/1960 | See Source »

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