Word: stockly
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Dates: during 1950-1959
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...Nobody Knew. Back at "Vatican City," the Prime Minister had every reason to be pleased with his lot. With the Laborites in near disarray, Tory stock was going up, the nation's gold and dollar reserves were at a seven-year high of more than $3 billion, and not even Britain's fear of war over Quemoy had produced much of a public clamor. The man nobody thought could ever be popular had brought his party a long way from the dark days of Suez. Said one happy Tory last week: "We're well...
...VOTING STOCK, owned until now by heirs of founding Hartford family, is expected to go on mar ket shortly. Wall Street reports that Hartford heirs will sell; that non-voting common now in public hands will be split ten for one and given a vote; that non-voting preferred will be exchanged for voting common...
TOBACCO-DRUG MERGER is expected for R. J. Reynolds (sales: $1.05 billion from Camel, Winston, Salem, etc.) and Warner-Lambert (sales: $158 million from Listerine, Bromo Seltzer, Richard Hudnut, ethical drugs, etc.). Reynolds, which would survive in stock swap, would get new line of consumer goods and big foreign distribution system...
Only ten months ago the stock of Florida's Minute Maid Corp. was selling for ⅝|. Last week Minute Maid was one of the most heavily traded stocks on the New York Stock Exchange as it rose to 18. The stock was pushed up by a fast turnabout in the prospects for the company that pioneered frozen orange juice. In the red last year, Minute Maid turned in record third-quarter earnings of $1.8 million, and President John Michael Fox predicted more than $4.4 million net for the year...
Complete withdrawal seemed to be in the distant future, however. Reports are that Chiang is taking advantage of the week-long respite to build up defenses on Quemoy and Matsu and stock up on ammunition, food and other supplies...