Word: six-months
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...patrician ears in the sort of misfortune that afflicts only the very rich. It began when Astor, 42, divorced his second wife Gertrude in June, then drew a deep breath and took on No. 3, Miami Divorcee Dolores ("Dolly") Pullman, 26. Off for a European honeymoon billed as a six-month safari, Astor was back in Manhattan only a month later, offered the inexplicable explanation that he was long on capital (estimated at $70 million), short of cash. Actually, Gertrude, taking exception to Astor's Mexican divorce and remarriage in haste, had attached all his assets in 27 banks...
Open House. In Douglas, Ariz., Mr. and Mrs. Joe Garcia told police that although their neighbors on four sides had noticed nothing suspicious during the Garcia's six-month absence, their house had been stripped of a bed, cupboards, tables, four chairs, a medicine cabinet, windows, plumbing pipes, faucets, toilet, light bulbs and clothesline...
...high levels. Among the first 400 corporations to report, about half showed better earnings than in 1953. At the two extremes, the booming electric utility industry scored a 51% gain, but railroad profits were down 44%. Among the few railroads to show better results was the Minneapolis & St. Louis (six-month operating income up about $100,000), which was taken over by a new management in a proxy fight last spring (TIME, April...
...Home Companion has a solid new job, will stay on as vice president and liaison man between Smith and his staffers. Edward Anthony of Collier's, who has been with the company 30 years, will remain a vice president but "without present duties." He will take a six-month vacation, then report back to Editor Smith for "possible reassignment." American Magazine's John W. McPherrin has been "relieved as publisher" and Smith has not yet made up his mind about another...
...cheaper than bus rates will be tried out by the Missouri-Kansas-Texas Railroad on the most heavily traveled section of its main line in Texas. Round-trip rates from San Antonio to Dallas will be cut from $13.20 to $8.80, v. the bus fare of $11.35. If a six-month trial works, the cut will be extended through the entire system, which has suffered a big drop in passenger revenues...