Word: cautionings
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Dates: during 1970-1979
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...sidelines during much of 1970. Last November, mutual funds held more than 9% of their assets in cash v. a normal 5% or 6%. The institutions bought modestly during the early stages of the recovery from the market's deep price slide, and some regret their caution. By Dec. 31, prices had recovered enough for the Dow-Jones industrials to close 1970 with a 4.8% gain; the average mutual fund reported a 9.3% drop in the value of its holdings. Fearful that clients will accuse them of letting the market advance elude them, the institutions are now buying aggressively...
...reputation as a swinging Texas jet-setter, there is another dimension to Shepard, a dedication to flying that became apparent even before he finished Navy flight school. Impatient with service caution, he got himself a private pilot's license from civilian instructors before he won his Navy wings. Says Shepard: "I would fly anything that I could fit into...
Witness the case of Mobil Oil Co. A London-based subsidiary, Mobil Marine Services, sent a letter to ships' chandlers, ordering them not to supply Mobil tankers with "any products of Israeli origin, or seeming to have Israeli or Jewish connections." Mobil's caution stems from the fact that the boycott has been intensified of late by the fanatically anti-Israel government of Libya. Whenever a tanker enters a Libyan port, it is searched. If there is anything aboard that has been made or grown in Israel, the owner of the ship is fined or the vessel...
With typical caution, Bok asked for ten days to think it over, then phoned Yale President Kingman Brewster Jr., once his favorite Harvard law professor and the man who later recruited Bok for the Harvard faculty. The two men and their wives met in New York City. Bok's fears that the job would be too wearing were eased by his discovery that the Brewsters "were quite exhilarated by what they do." On Christmas Eve, Burr again rode through a snowstorm, this time to hear Bok accept...
...past several months the CRIMSON, along with many other papers in the Boston area, has been running advertisements for "abortion counseling services, referral services, scheduling services. . . ." I would like to extend a word of caution to anyone considering using such a service...