Word: bonde
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Dates: during 1950-1959
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Whether they splash haphazardly or brush minutely, abstract expressionists have one basic common bond: a conscious disregard for subject matter. Yet this week, at the generally abstract Signa Gallery in East Hampton, N.Y., a show of oils (and a few sculptures) by abstraction's top disciples is grouped under one unifying theme of content-"The Human Image...
While the stock market scrambled to a new 1958 high for the third week in a row, the bond market was still in trouble. Part of it was due to continued speculative selling by free-riders in Government bonds (TIME, June 30). But a bigger cause was the fact that the corporate bond market was swamped with high-grade issues, was trying to peddle them at a time when investors were increasingly queasy over the Federal Reserve's next move on interest rates...
...investment operation known as Deltec S.A. Founded by a hard-driving Princetonian ('35), Clarence J. Dauphinot Jr., 44, Deltec has pioneered in raising investment capital in Brazil to develop new industries for the country and set a pattern that others are copying. Dauphinot, a onetime Wall Street foreign-bond trader, got interested in the project during trips to South America for Kidder, Peabody & Co. during World War II. He found that while Brazilian industry was starving for capital, money was stagnating in savings accounts and sewn-up mattresses. "The U.S. had been exporting all sorts of American know...
...Heywood Broun put me out of business when he organized the Newspaper Guild," Sammy once observed. "The boys began making enough to tide them over." But Sammy Bronstein's biggest moment was yet to come. Two years ago, when the Missouri Pacific RR. reorganized, a $3,600 bond investment of 1938 was suddenly worth $970,000 to Sammy, who earmarked most of it before his death for the University of Missouri School of Journalism...
Friend in Speed. In Miami, Frank Hull and Murray Singer put up $2,500 bond for Charlie Roberts on his promise that he had "the money at home in a hole in the floor," accompanied Charlie home and stood by while he pried up several floor boards, disappeared through the hole and ran away...