Business & Finance: Words

Between appearances of its abbreviated annual reports Allied Chemical & Dye Corp. has never dropped a word to its stockholders or the public as to sales, earnings or business prospects. Last week, its traditional secrecy doomed by the Securities & Exchange Act and Orlando Weber, its traditional boss, in reticent retirement (TIME, May 27 et seq.), the big chemical company dropped precisely 79 words—each one of which had undoubtedly been long pondered by its lawyers:

"Sales in the U. S. by Allied Chemical & Dye Corporation in May 1935, were larger than in any...

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