Letter Stock securities held two years in mutual funds
New York AP reports that some mutual funds keep holdings in letter stock which cannot be sold quickly. Critics including Oscar Lasdon urge the SEC to ban further purchases. Funds value letter stock, sometimes high, to inflate performance while avoiding public registration.
MENTIONED IN THIS ARTICLE
New York
Securities and Exchange Commission
Oscar Lasdon
Bankers Magazine
SEC
Mutual Funds
Tiger Kisser Builds Circus Feats Across Europe
Gunther Gebel-Williams, star of Ringling Bros circus, trains nine tigers and dozens of animals. He explains handling tigers with voice and presence, risks of claw injuries, and his life with wife Sigrid and daughter Tina near the animals. He notes insurance limits tied to his tiger kissing act.
MENTIONED IN THIS ARTICLE
Perstar
Ringling Bros
Barnum & Bailey Circus
Europe
Gunther
Bengal
India
Mogie
Clyde Beatty School of Animal Training
Hel
Sigrid
Tina
Credit Cards In Money On Way Out
New York AP reports a satirical lament on money’s decline as cash loses status to credit cards. The piece critiques diminishing coinage like the dime and quarter, while noting social shifts toward plastic and checkbook purchases. It mocks hoarding, cash shocks, and the idea that card wielders define the modern “in” crowd.
MENTIONED IN THIS ARTICLE
New York
America
Philadelphia
Seven Killed In Seoul Landslide Tragedy Strikes Army Bunker
A landslide triggered by three days of heavy rain toppled a bunker in the Hawachan area east of Seoul, killing seven South Korean soldiers and injuring four. The accident occurred on a central front bunker, underscoring the danger to troops during severe weather.
MENTIONED IN THIS ARTICLE
Seoul
Hawachan
Did You Know A Secretary Bird Hero Of World War I
The secretary bird earned its name from head plumes once used as pen quills behind a secretary’s ear. Alvin York of the 82nd Division was cited as an outstanding WWI hero for actions on October 8 1918 in the Argonne where he killed 28 Germans and captured 132.
MENTIONED IN THIS ARTICLE
Alvin York
82Nd Division
York
Argonne
Key Crime Impulses Linked To Genetics
Miami Beach AP reports about 200000 American males possibly carrying the XYY chromosome linked to violent impulses. Dr. Gerald R. Clark of Elwyn Pa says many XYY individuals are stable citizens and the XYY label is stigmatized. He notes crime involvement may not differ from the average citizen. Clark heads Elwyn Institute and teaches at the University of Pennsylvania.
MENTIONED IN THIS ARTICLE
Miami Beach
Fla
Gerald R. Clark
Elwyn
Chicago
American Psychiatric Association
Clark
Elwyn Institute
University of Pennsylvania Medical School
Cadillac Quietly Transforms Evening Commute Into Luxury
After a long day, the Cadillac promises a luxurious retreat. The car’s quiet cabin, precise door sound, and responsive steering and brakes insulate the owner from distractions. Arriving home, one feels refreshed and ready for tomorrow, thanks to Cadillac’s calming experience.
MENTIONED IN THIS ARTICLE
Cadillac
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