Word: well
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Dates: during 1940-1949
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...Things That Breathe. Albert felt a sense of deep obligation to those who were not as well off as he. One day, when he won a friendly wrestling match with a bigger schoolmate, the loser complained: "Yes, if I got broth to eat twice a week the way you do, I'd be as strong as you are." From that time on, Albert's broth stuck in his throat. He was punished repeatedly because he refused to accept such advantages as an everyday overcoat, new gloves, or leather shoes, which poorer boys did not have...
Money in the Bank. What businessmen wanted to see most was some sign that the U.S. consumer was ready to start buying again as vigorously as he had done a year ago. By all the statistics, the consumer could well afford to take the rubber band off his roll. But he was still cautious. Last week from Indianapolis, TIME Correspondent Ed Heinke told...
...original trusts were all "closed"-i.e., they had a fixed capital for investment. As their shares were traded in the open market, the prices did not necessarily reflect the value of the assets they represented ;- in bad times when few wanted to buy, the shares would be well below their actual values. The open-end trust was not invented until 1924, when Boston's Massachusetts Investors Trust was formed...
...Payoff. Big or little, investment companies have one major service to sell: their ability to buy stocks wisely. How well have M.I.T. and Keystone done? A "management rating" system devised by Hugh A. Johnson, a Buffalo broker, gives a clue. Johnson invested a hypothetical $10,000 in each of 35 funds, traced what happened to it over the 1938-48 decade...
...Tulsa, a furniture store offered every customer three chances on a 1/16th interest in an oil well being drilled near by, kept the public posted in daily newspaper ads on the depth of the well...