Word: stockly
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Dates: during 1950-1959
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...wife, Walter promptly made over some $60 million in stock and art treasures. Perhaps because of his firm ideas about the inheritance of wealth, he did not adopt his wife's adopted son Paulo, though he gave the boy warmth and affection, in sharp contrast to Dominique's coldness and indifference...
...years; many Treasury issues now yield more than 4%. Furthermore, future Treasury issues may meet only a tepid reception, because Government bond yields are now bumping against the top legal limit of 4¼%. As the bond market, led by Government issues, drifted downward, the "spread" between bond and stock yields grew still larger; highest-grade corporate bonds now yield an average 4.2% v. 3.3% for the Dow-Jones industrials. Rarely in the past 50 years have stocks yielded less than bonds for any length of time except in 1927-29, when the rising stock market kept stock yields under...
...sounds snappy around a boardroom table -give smokers "less of the things they have been smoking filters to get less of." Result, in the statistics that look wonderful on a boardroom chart: Kent's domestic sales zipped from 3.4 billion to 36 billion a year; Lorillard's stock went from 15⅛ to 89; Lorillard sales jumped from $203 million to close to $480 million in 1958; net income rose from $4,519,758 to an estimated $28.5 million; and Lorillard moved from a lagging sixth among companies to nudge Liggett & Myers for the No. 3 spot...
Drive & Direction. Chicago-born Walter C. Hasselhorn was a successful management consultant when he was asked to Cook in 1939 by the Edwards family, which controlled the company (it still has about 51% of the stock), but was concentrating on its castings business. They liked Hasselhorn's program for pulling Cook Electric out of the doldrums, made him president...
...decent; and his verse is filled with an engaging shorthand of brand names -Austin cars, Craven A cigarettes, Heinz's Ketchup, Post Toasties. In one poem he used the names of real people to ironic effect ("T. S. Eliot, H. G. Wells and Edith Sitwell lie in Mell-stock Churchyard now"), but added the thoughtful note: "The names are put in not out of malice or satire but merely for their euphony...