Word: sparton
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Dates: during 1950-1959
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...sound of a good pop voice. A record company agreed, and so he looked around for the right song for Priscilla to record profesionally. Six weeks and 120 songs later, the pretty little girl with bands on her teeth recorded a tune called The Man in a Raincoat for Sparton of Canada...
Like many another small investor, John J. Smith, a 38-year-old accountant, thought he had a winning stock. It was Sparks-Withington Co. (Sparton radio and TV sets), right in his own home town of Jackson, Mich. Three years ago Smith bought 500 shares at $5.50 a share, kept adding to his holdings until he had 2,200. Then he sat back and waited to cash in. But the stock went down. Though the company grossed $17 million in fiscal 1949, it netted only $25,709. The dividend: 10? a share. Smith got hopping mad, got hold of Theodore...
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