Word: chip
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Dates: during 1960-1969
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...atmosphere, Wall Streeters are finding more and more use for one of the Street's most overworked words: selectivity. (The current definition: "Selectivity means that the stock you own goes up.") The best example of "selectivity" is the remarkable performance of the glamour, or growth, stocks. The blue-chip stocks included in the Dow-Jones average do not really reflect what has happened to these stocks. For months the blue chips have in general shown little or no gain, and many have lost ground. In the past year Standard Oil (N.J.) has dropped from...
...channels, stay-at-home patrons are happily shelling out for first-run movies (a sampling: A Summer Place, The Gazebo, Sink the Bismarck) at the rate of $1 for a two-hour show every evening for the family (the cost of one ticket to a downtown movie). Children can chip in nickels and dimes toward the cost of their favorite shows, buy the likes of Tom Thumb and Gulliver's Travels for a quarter on Sunday afternoons. Father is staying home for sports events he cannot tune in free, and during the day Telemeter broadcasts music free...
Among the world's plane builders, Douglas Aircraft was long the blue chip; its series of DC planes were the workhorses that hauled the biggest percentage of the world's air travelers. But last week Douglas, which has been in the red for a year, was in deeper trouble, buffeted by the airframe industry's agonizing changeover to the age of the missile...
Watching the continuing story of rigged quizzes and widespread payola roll off the presses in the past year, many radio and television spokesmen tended to criticize the newspapers for printing the news rather than blame their own industry for making it. Last week, with the chip on his shoulder showing, a Columbia Broadcasting System executive announced that his network plans to turn a beady eye on the press...
...returns to the attack with the story of Cecil Spurgeon, a tired, self-pitying status-keeper in a coastal enclave of empire in British East Africa. In 1947 he is a glorified cop who bears the White Man's Burden as if it were a huge chip on his sloping shoulders. Cecil comes from a second-rate public school and a touchily impoverished class (lower-middle) that relishes the colonial official's feudal powers over natives, subordinates and foreigners. Cecil's religion is "keeping appearances...