Word: broker
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Died. Arnold M. Johnson, 53, Chicago-born tycoon who worked his way up from a $75-a-month broker's apprenticeship to the vice-presidency of Chicago's City National Bank & Trust Co., later (1954) bought (for $3,500,000) the Philadelphia Athletics and moved the team to Kansas City; of a stroke; in West Palm Beach...
Maggie Rudkin speaks from experience. The attractive, red-haired wife of Henry Rudkin, a prosperous Wall Street broker, she lived a life of ease and social grace on their Pepperidge Farm (named after pepperidge, or black gum, trees on the property) near Fairfield, Conn. Then in the mid-1930s, the youngest of her three sons became ill with asthma. An admitted "nut on proper food for children," Mrs. Rudkin knew that asthma is an allergy, was nonetheless convinced that she could help her son by building him up. She dug out a whole-wheat-bread recipe left by her Irish...
While there was a great deal of bearishness in Wall Street, there was still a strong difference of opinion about where the market was going. Many a broker felt that the decline had strengthened the market's stability by improving the price-earnings ratio of stocks and narrowing the spread in yields between stocks and bonds. (The spread has also been narrowed by the comeback of the bond market, which has caused the biggest drop in most bond yields in more than a year.) The market itself, having cleared its head of overoptimism, is now taking a more realistic...
...Briton who has been active in Hong Kong trading since 1913. Despite the fact that Hong Kong is a cutthroat market, Croucher contends that it is a safe place for money, if all the risks of stock speculation are taken into account. He has never heard of a Chinese broker who "went back on his word or broke his bond...
...mourned its passing. Cried the New York Herald Tribune: BULL MART ENDS 10-YEAR REIGN. What lured the Tribune out on a limb-and prompted other hasty obituaries of the bull-was an oldtime market tool known as the Dow Theory, fathered by Charles H. Dow, a onetime broker and newspaperman, who founded Dow, Jones & Co. in 1882. The Dow Theory holds that when the Dow-Jones industrial average breaks through its previous low and is confirmed by the rail average penetrating its previous low, Wall Street is in the grip of a bear market. Both averages did just that...