Word: brokering
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...Department Stores, Sears and other retail chains that stand to benefit from an upsurge in consumer spending as inflation abates, purchasing power increases and the recovery gains momentum. Lately many mutual and pension fund managers have been looking kindly on new stock issues. Says Felix Juda, a Los Angeles broker who specializes in trading for professional money managers: "In the past few weeks, the institutions have become very heavy buyers of new offerings...
...some believe that small investors may turn up in force much sooner. Los Angeles Stockbroker Charles Rosenberg notes that he has begun to receive "calls out of the blue from small investors again." That is true to form. Says San Francisco Broker Harry Campbell: "The public buys on the basis of the Dow Jones hitting a year's high, what the neighbors say about their stocks, or some guy boasting at a cocktail party that he's made money on X-Y-Z company...
Married. Evonne Goolagong, 23, Australian tennis star seeded fourth in this week's Wimbledon Tournament; and Roger Cawley, 25, a London metals broker; both for the first time; in Canterbury, England. Missing at the surprise ceremony was Vic Edwards, the coach who guided Goolagong to her 1971 Wimbledon victory and recently warned that she would have to choose between love and tennis. Goolagong, who plans to give up neither, announced: "I'm doing what I want, and that's that...
...doing the same thing and generally making sure everything is according to Hoyle ($150 to $650); and title insurance (about $200), in case title proves faulty despite all the money paid to lawyers to make sure it is not. The seller's big expense is the real estate broker's commission. All together, the Senate Banking Committee estimates, commissions and closing costs averaged $3,000 on single-family houses last year, with the burden falling about equally on sellers and buyers...
...British life. Moreover, their style is the opposite of hard-hitting American humor. The Pythons can hardly summon a wisecrack among them. However, Program Director Ron Devillier of KERA in Dallas knows what endears them to Americans: "They have a nice sense of sex." Says a Philadelphia insurance broker: "They're the only real people on television...