Word: walle
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Dates: during 1940-1949
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...Manhattan's Wall Street only a few late workers heard the rising thunder of engines and looked up. There was only a moment-a quick glimpse of scattered squares of light where charwomen worked while the low clouds swirled about the towers. Then the crash...
Below the tower of the Bank of the Manhattan Building, thrusting more than 800 feet into the murk, there rained a shower of debris-an officer's cap, a parachute, the wing of a plane. On the skyscraper's 58th floor, beyond a gaping hole in the wall, lay the rest, the wreckage of an Army light Beechcraft transport, the bodies of its Army pilot and four passengers, including a WAC officer...
Jimmy Forrestal, whose 22 years in Wall Street, including three as president of Dillon, Read & Co., had given him the financial know-how for the $30,000 a year job, had been offered it last week. (Onetime U.S. Budget Director Lewis W. Douglas had turned it down.) Although Forrestal was mumchance, one sage Washington dopester said: "It's as sure as anything can be these days that Jimmy will take...
Brooklyn's Charles Pfizer & Co., Inc., the world's largest producer of penicillin, made news on Wall Street last week. In one day, Pfizer stock jumped six points, to 79. This was phenomenal for a stock selling at 35 five months ago. But not for Pfizer. Fortnight ago demand was so heavy for Pfizer stock at the market's opening that no price could be set. When it finally opened, it was up six points over the previous day's close. Reason: Pfizer issued a quarterly report that net income, $553,352 in the first quarter...
This newcomer to Wall Street tip sheets was far from being a newcomer to the chemical field. Started by two German chemists, Charles Pfizer and his brother-in-law Charles Erhart, in 1849, the company soon got a reputation for producing high quality chemicals. But it was still small in 1923, when it began producing citric acid by a new process, the vegetative fermentation of sugar. Up till then citric acid, the most widely used organic acid in the food and beverage field, was produced chiefly in Europe from lemon and lime juice. With its new process, Pfizer broke...