Word: cautioningly
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Pennies & Pledges. As a boy on his family's estate outside Cleveland, young Rockefeller led an overprotected life, dominated by three older sisters, hovering nurses and governesses, and a doting mother. His father taught him caution and thrift; he had to account every week for all the money he earned in household chores, was docked 1? for such delinquencies as being late to family prayers. From his Baptist mother. Laura Spelman Rockefeller, he absorbed a sense of piety and duty. Dancing, the theater, cardplay-ing and other frivolities were frowned on; at ten, young Rockefeller made a vow. which...
...last week of April, helping to push seasonally adjusted sales for the month to a new April record. Sales were running 17% ahead of last year's in the New York area, 16% in Cleveland, 11% in Atlanta, 7% in Chicago. The consumer has shaken his earlier caution about buying on credit; consumer installment credit is still climbing, after a seasonally adjusted $408 million gain in March, that brought it to a total of $39.6 billion...
Preventive Medicine. In Salisbury, Southern Rhodesia, when a police recruit was asked, during a first aid test, "How would you arrest a hemorrhage?" he answered: "I would put my hand on his shoulder and warn and caution...
...successful investors who pay little heed to charts, or what the market as a whole will do. These are the fundamentalists, the security analysts who spend their time studying the profits, prospects and management of individual companies rather than trying to fathom the market's movements. Nobody, they caution, "should buy the market," even when it is going up. Says Belmont Towbin, partner of the highly successful Wall Street underwriting firm of C. E. Unterberg, Towbin Co. (TIME, April 13, 1959): "The general movement of the stock market is the result of many variables. An error in judgment...
President John F. Smith Jr. of Inland Steel Co. estimated that 1960 steel-industry production will hit 120 to 125 million tons, down from his earlier forecast of 130 million, but still way above the previous record of 117 million tons in 1955. "Caution is in the wind," said Jones & Laughlin Steel Corp. Chairman Avery C. Adams, "because there are a few tangible signs that the early 1960 targets for the economy as a whole were set too high." Nevertheless, he expects that his company, fourth biggest steelmaker, will set records for 1960 sales and profits...