Word: sec
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Dates: during 1940-1949
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...hopeful with a good record, The Dude, took the lead never to be headed. A pint-sized chestnut colt bred by Cinemagnate Louis B. Mayer, he had been picked up in $4,000 claiming race last year. It took The Dude just 2 min. 2.6 sec. to win the Classic purse of $76,850 for his owner, Mrs. Al Gaal of New Orleans...
...Hanrahan, no politico, is a partner in a Manhattan law firm (Sullivan, Donovan & Heenehan). Though he professes to have no Wall Street clients (except one Government bond house) the downtown location of his office was enough to arouse some congressional opposition to putting a "Wall Streeter" on SEC...
...month ago President Truman nominated Edmund M. Hanrahan, a 40-year-old lawyer, to the Securities & Exchange Commission. There was just one hitch. There were no vacancies on SEC. Last week the President tried again. This time he was careful first to get in writing the resignation of the SEC chairman, Ganson Purcell, who wanted to go into private business...
...Hanrahan will probably be confirmed by the Senate after a fight in committee. It will then be up to the five-man SEC to elect a chairman. Wall Streeters guessed that the job would go to James J. Caffrey, who has been with the SEC since 1936, has been a commissioner for 14 months...
...first two K-F stock issues. On May 23 the Portsmouth Steel Corp. was incorporated with Eaton as board chairman. Portsmouth plans to offer 1,025,000 shares of common stock to the public at $10 a share, as soon as its registration statement is made effective by the SEC, and sell another 300,000 shares at the same price to K-F and Graham-Paige Motors Corp. With the cash Portsmouth plans to buy the Wheeling Steel Corp.'s ingot works at Portsmouth, Ohio and the Emperor Coal Co. of Kentucky...