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Word: brokering (lookup in dictionary) (lookup stats)
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...want to be lured into the position of debating integration," said Chicago Investment Broker Harold Lewis, chairman of the anti-integration committee at the village mass meeting. "But in essence they are trying to force integration down the throats of the people of Deerfield, and we are resentful. We have an obligation to other communities to fight." Merchandiser Morris Courington took the mike. "Some shyster came around and offered us about half what our house is worth. We called the real estate company, and they wouldn't even accept our listing." Mrs. Robert Ettinger, an engineer's wife...

Author: /time Magazine | Title: SUBURBIA: High Cost of Democracy | 12/7/1959 | See Source »

...weeks, last week apparently found bottom. In two days stocks bounded up 16.40 points to 632.85 on the Dow-Jones industrial index, the biggest increase in seven months. The slide had not been caused by heavy selling but by a lack of buyers; volume had been thin. Many a broker guessed that the 615-to-620 level, where the market had found strong support last week, may turn out to be a firm bottom from which the market will rise to new peaks...

Author: /time Magazine | Title: Business: Up from the Bottom | 10/5/1959 | See Source »

...Nicklaus bothered by the prospect of eventually figuring the lie of the greens against Defending Champion Charlie Coe, 35, the dry-spoken, shaft-lean (6 ft., 150 lbs.) oil broker from Oklahoma City. Nicklaus had just the club to back up his long game off the tee: an oldfashioned, hickory-shafted putter, which he had ordered in Scotland last spring while helping Captain Coe defend the Walker Cup against the British amateurs. In the semifinals, faced with a 27-ft. putt downhill over a hump, Nicklaus precisely moved his new bat and watched the ball trickle home to eliminate California...

Author: /time Magazine | Title: Sport: Battle on the Greens | 9/28/1959 | See Source »

...said a fund executive, "but we're getting used to this sort of thing." This "sort of thing" was such a rush to buy shares in British corporations that the Financial Times's share index soared to 259.7, up from 188.1 last fall. Many a broker grumbled that the invasion of new, little investors was forcing prices so high that yields for longtime investors were being sharply...

Author: /time Magazine | Title: BUSINESS ABROAD: The New Capitalists | 9/14/1959 | See Source »

...some planemakers have already drastically changed their companies. Some are still hustling to do so, and some face the grim prospect that they must either merge with a bigger company or shut up shop. The change has already begun to cut heavily into profits. The plane industry, said one broker sadly, is the "only industry in a recession." In the first six months of this year, sales of the 15 largest aircraft companies slipped 5% and profits tumbled 45%. Among the giants, General Dynamics' earnings dropped from $20 million to $11 million, Boeing's from $20 million...

Author: /time Magazine | Title: AVIATION: Flying Low | 9/14/1959 | See Source »

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