Word: sec
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Dates: during 1940-1949
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Published for the first time by SEC, sales of Pepsi-Cola were not as large as many Wall Streeters had thought. While the common shares of Pepsi-Cola soared from $35 in 1938 to over $365 a share early this year, Coca-Cola common idled between $105 and $142. Some excitable brokers figured that "PC" sales were at least half those of "Coke...
Record time for the ride is 1 hr., 12 min., 54 sec., established last year by Vancouver's Dale Carpenter, University of Washington student. Last week young Carpenter tried to better his record. But the best he could do, after taking two bad spills, was finish fourth. Winner: 35-year-old Robert Brown, garage mechanic, winner in 1937 and runner-up last year. Of 20 starters, 14 finished-including beauteous Barbara Denny, daughter of Actor Reginald Denny, who streaked in last, sobbing hysterically...
...supply the President with advice; of late, their contact has become less & less formal, more & more personal and therefore more telling in its influence upon Roosevelt thinking and policy-both domestic and foreign. The other Justice who is also a White House counselor is William Orville Douglas. Subject: SEC, which he once headed and still discreetly nursee from the bench...
...moose-tall aristocratic president Louis H. Egan eased out a vice president named Oscar Funk. Funk, who had handled Union Electric's expense accounts, knew where more bodies were buried than a Nazi concentration-camp keeper. Shelton went after him, got his story, and scampered to SEC...
...SEC began a secret investigation, and Sam Shelton began a series of exclusive stories that kept P-D readers in a state of mixed rage and amusement. From testimony in trials that resulted it appeared that: In eight years Union Electric's Lobbyist Albert Laun and his friends had developed a slush fund of at least $525,000 which never appeared on Union Electric's books. One company lawyer had kicked back $111,000 in excess fees; another $42,000; a Kansas City equipment salesman had kicked back $70,000; insurance companies had refunded $80,000. This money...