Word: cameraful
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Dates: during 1950-1959
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After an early-morning flight from Albany to Washington, a 4O-minute talk with President Eisenhower, a news conference, and a New England boiled dinner in the Senate dining room, New York's Governor Nelson Rockefeller stood outside the U.S. Capitol, posed for camera-carrying tourists, shook hands with everybody who passed by, finally swabbed off his brow and sighed: "Gee, does every Governor go through this?" The answer to that one was: No, only those who are running for President-and last week Nelson Rockefeller was running hard...
Though the director has caught some visual excitement in Paris, his camera is mostly cold and apathetic. But the pic ture is blessed with urbane Gallic polish, some satiric set pieces, and another en gaging performance by Actor Gabin, who at 55 is still the No. 1 male box-office draw of French films...
...fact is that most luxury items are still in short supply. Last week a precedent-breaking deal to export Moskvich and Volga autos to West Germany fell through because Russia could not guarantee delivery of 2,500 cars. The severest trial for the Soviet worker who wants a camera or a motorcycle is not financing the inflated price, but waiting while his name slowly drifts to the head of a long waiting list...
...four times as much as the market as a whole since January 1958 (see chart), have outpaced every other stock group. The average ratio of price to earnings among electronics stocks is more than 25 to 1, and some have been selling at up to 100 times earnings. Fairchild Camera soared from 91½ in April to 205 within three months, before dropping back to 142¾, where it is still at 50 times earnings; Texas Instruments has risen from 98⅜ to 128¼ since April, is now selling at 40 times earnings...
...Rockefeller put $202,000 into low-flying Marquardt Aircraft Co., a pioneer in ramjet propulsion; his interest zoomed to $5,200,000 after Marquardt started making ram-jets for the Bomarc missile. But the fastest rise of all was in Itek. Two years ago Rockefeller, a camera bug, invested $279,000 in Itek Corp., which had plans for computer-like photo machines to handle information. He got some Itek shares as low as $2. They soared as high as $315, and Rockefeller's paper profit is now above $10 million...