Word: upham
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...feel the market is due for a retrenchment. The experts argue that prices are already so high that they discount both a business upturn and any acceleration the Mideast crisis might bring. "Korea brought a quick dip and then a quick recovery," said Ralph A. Rotnem, partner of Harris, Upham & Co. "But today the market is more vulnerable; people are paying twice as much for earnings now as in 1950." Bears point out that the Dow-Jones industrials in mid-1950 sold at eight times earnings; during the '53 recession they sold as low as 9.5 times earnings; currently...
...Manhattan's PENNROAD CORP. which has joined with other investors to raid and reorganize sick companies. In 1952 Pennroad with Harris Upham and others secretly started buying stock in South America Gold & Platinum Co., which had a cash kitty of $4,000,000 (about 50% of its net worth), two years later had enough stock to oust the management. Last year Pennroad used South American's kitty to buy another gold company with $6,000,000 more in the till, then merged the two, diversified into cement and pipelines. As a result, South American's profits...
Damning the United States "yellow process" for "bringing calamity that much nearer" in U. S. Russian relations, Arthur Upham Pope, biographer of Maxim Litvinoff, defended Russian foreign policy last night at the first Law School Forum of the 1946-47 season...
...three speakers who will present the subject are Harrison Salisbury, United Press correspondent; David Dallin, author; and Arthur Upham Pope, director of the Iranian Institute and author...
Speakers for the initial forum, who will attempt to answer the question. "What are the domestic sources of Russian foreign policy?" are Harrison Salisbury, United Press correspondent and author of "Russia on the Way"; Arthur Upham Pope, director of the Iranian Institute and author of "Biography of Maxim Litvin-off"; and David Dallin, author of "The Real Soviet Union" and other books...