Word: two
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Dates: during 1940-1949
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Like a nation preparing for war, the mighty Du Pont empire had been carefully preparing its defenses and enlisting allies for a momentous struggle to keep its empire intact. Only two weeks ago, it split its high-priced stock ($179), thus bringing its price down to $45 so that smaller investors could buy it, and, in effect, become Du Pont's allies. Last week, the expected assault began. Attorney General Tom Clark filed an antitrust suit in Chicago's Federal Court to break the $1,585,000,000 Du Pont holdings into at least four pieces...
...financial analyst who had settled in Boston. In 1932, he organized a new Boston-type trust called Keystone Custodian Funds, Inc., which offered customers as conservative or as speculative a program as they wanted. If their main interest was income they could buy any of four bond funds, or two preferred-stock funds; if they wanted to gamble for quick profits they could choose from four speculative common-stock funds. Sholley's plan paid off; today Keystone, with $170 million in assets, is second only to M.I.T...
There are still some drawbacks. The big commission charged at the original purchase usually eats up the first two years' dividends. And as funds are usually invested in a wide segment of the market, they must inevitably depreciate when the market as a whole is going down. Thus, most investment companies will be just as healthy, in the long run, as the total U.S. economy. Their biggest virtue is that they are giving more & more small investors (stockholders now exceed 1,000,000) a widespread stake in that economy...
...Manhattan, Rootes Motors, Inc. rented out its British-made Hillman autos for as long as two weeks with gas and oil free (minimum weekly charge: $65) and promised to deduct rental payments if the renter bought the car ($1,795). Like other British automakers, Rootes also offered tourists the chance to pay for a car in the U.S., pick it up and drive it in England this summer, and have it shipped back free of charge...
Given the sturdy talents of the two principals, there was a chance in this one for some bright comic touches. Unfortunately, Irwin Shaw, who wrote the screenplay, and Director Chester Erskine, who stumbled about in surplus dialogue and plot, failed to exploit the story's skimpy elements of suspense. Take One False Step sets out to be a sprightly whodunit. After the first reel, it turns into a sad case of who cares...