Word: brokering
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...Manhattan's annual Renaissance for Italian Youth Ball, the seasons were elegantly personified in a maypole pageant by Janet Neff (summer), wife of Investment Broker Joseph A. Neff; Lydia Melhado (autumn), wife of Investment Broker Frederick Melhado; and Viscountess de Rosière (winter), Ohio-born wife of French-born Jewelry Sales Executive Viscount Paul de Rosière. Gentle spring: evergreen Actress Joan Fontaine. Commented Cosmetics Entrepreneur Elizabeth Arden from her ringside table at the Plaza Hotel benefit: "We had all forgotten that charity can be such...
...onetime Wall Street broker, Orvil Dryfoos married Sulzberger's first daughter, Marian, in 1941. two years later went to work for his father-in-law. From then on, his rise was prompt and predictable: vice president and Times director in 1954, Times president in 1957. Ever since Sulzberger suffered a stroke three years ago, Dryfoos has been publisher in nearly everything but title...
...Many a broker tries to caution his clients about indiscriminate buying of new issues, but finds it hard to cool their ardor. If he advises a client not to buy, the client often goes off to another broker or comes back a week or two later to complain that the stock he had been told was "overpriced" has risen another 10 points...
...such prudent measuring sticks as price-earnings ratios. Control Data, which hit the over-the-counter market at 1 a few years ago, recently hit 133-or 148 times its expected earnings of 90? a share. Some hot-selling companies have never seen anything but red ink. Says one broker: "I can understand a stock selling at 20 times earnings, or 50 or even 100 times earnings-but how do you compute the ratio of a company with no earnings...
...began to lag, while Harold Macmillan preferred a chattier, more leisurely pace. Their aims differed too: Kennedy was anxious to impress Macmillan with his ability to lead not only the U.S. but the free world; Macmillan was eager to convince Kennedy of Britain's value as an honest broker in the cold war. From time to time, aides issued dutiful announcements: Kennedy and Macmillan had become "very friendly" and were "on the same wave length." By the time Macmillan left Washington, the President and the Prime Minister had ranged over most of the problems that confront their nations...