Word: buying
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Dates: during 1950-1959
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...peopled by the newly prospering Negro middle class, who all seem to have one thing in common : a fever for good living. Technicians, professional men, teachers, nurses, well-paid factory workers, federal employees-they settle where the air is clean and the schools good, join the P.T.A., buy power lawnmowers, curse the crab grass, endure the rigors of commuting, barbecue their steaks, buy second cars and second TV sets, grumble about taxes...
...homes and pay out the down payments in monthly installments. "We went into it for a profit," says Dan Kroll, builder of Long Island's Dunbar Estates, "but frankly we are enjoying the experience because we can see and feel the appreciation of the people who buy our houses. That's nice...
...University of Illinois' famed Researcher 0. Hobart Mowrer began with vigorous kicks at the moribund body of classical Freudian theory as he defined it (many latter-day Freudians would not buy his definition). "We psychologists." Mowrer said, ""have largely followed the Freudian doctrine that human beings become emotionally disturbed, not because of their having done anything palpably wrong, but because they instead lack insight. We have set out to oppose the forces of repression and to work for understanding. [This leads to] the discovery that the patient or client has been, in effect, too good, that he has within...
...clerk in one of Britain's largest investment trusts last week shook open a soiled manila envelope, and out fell a wad of crumpled ?5 notes, accompanied by a crudely scrawled order to buy stocks. "The man probably had the money in his mattress for 25 years,'' 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...
...current rates, aircraft profits will drop from $614 million last year to $350 million this year. Does an industry earning $350 million have cause for worry? "You buy stocks on the earnings outlook," said one Wall Streeter, "and almost all the aircraft earnings will continue to nose down." Compared with their 1959 highs, all aircraft stocks are well down. General Dynamics has dropped from 66½ to 48½, Martin from 62½ to 38¼, Douglas from 59¼ to 46, North American from 52⅝ to' 37¼, Grumman from...