Word: sec
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Dates: during 1940-1949
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...Joseph, Mo. a stamp commemorating the 80th anniversary of the Pony Express; at Tuskegee, Ala. a stamp honoring Booker T. Washington; at Jefferson, Ga. one honoring Dr. Crawford W. Long (sec...
...Lord Stalbridge, it was the race of his young life. In his first start over the toughest steeplechase course in the world (4½ miles), he had posted the second fastest time in its history, only one-fifth of a second slower than the record (9 min., 20| sec.) set by Golden Miller in 1934. "It was like riding in a wheel chair," said Jockey Marvin Jones, a 20-year-old Welshman who had never seen the awesome Aintree course before, had been given 48 hours leave from his duties in the Royal Air Force to ride for Lord Stalbridge...
Last December, an argument over utility equity financing was precipitated by SEC's mooted Consumers Power decision (TIME, Jan. 8), in which Wendell Willkie of Commonwealth & Southern (Consumers' parent) was told he could not raise $10,000,000 of new money by selling Consumer bonds, should sell stock instead. Willkie, who agrees that equity financing is desirable, argued that the public would not buy stocks at reasonable prices, while they are willing to take bonds at low rates. The issue over equity financing boiled down to a question: could common stocks be sold at reasonable prices...
...agreed to sell it to the public at a $2 markup, for $17,156,040 in all. To Atlas, the sale of U. P. & L.'s Indianapolis stock meant cashing in on around $10,000,000 that had been frozen in U. P. & L. To utilitarians, underwriters and SEC, the deal was a test case, whether the public would pay $24 a share for an operating stock yielding (on the basis of 1939 dividends...
...figure the SEC wants to hurt me too much. If the spanking turns to a whipping I expect I can take it standing up and both eyes open. I am going to keep right on digging wells like I have for 25 years...