Word: chipping
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Dates: during 1960-1969
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...mergers is rising, last year jumped to a record 1,797. The brokers - who thought up the largest share of these combinations - have a broad, objective view of the entire economy that enables them to make imaginative matches of companies in disparate industries. The middlemen may be blue-chip commercial bankers or account ants, such as Morgan Guaranty and Price Waterhouse, or management consultants or even public-relations...
...final period, Pete Waldinger poked in a Kent Parrot rebound and Chip Scammon consummated a breakaway with a 15-foot backhander to give the varsity the lead again. Pete Miller widened the margin with a tally from outside the crease, assisted by Jack Garrity, and Cordie Prince finished the scoring with a minute to go after goalie Weich had been pulled from the nets...
...seemed like a different kind of bull-more Ferdinand than Taurus-but it kept Wall Street hopping all week. The Dow-Jones industrial average of 30 blue-chip stocks, which two weeks ago had retreated after briefly cracking its historic May high of 939.62, moved up to new records on five consecutive days. On the final trading day, the average climbed all the way to 959.39 before a flurry of profit-taking drove it back to a 952.42 close. Even so, it was up a strong 11.74 points for the week, the biggest gain in seven weeks. It stood only...
Still, many a blue-chip stock, among them IBM, General Electric and General Motors, reached new highs. Though the market had gained 62½ points in the past two months, increasing the chance for a corrective dip, Wall Street remained determinedly optimistic. Whatever happens to stock prices, trading activity seems to have reached a new high plateau, where commission profits are keeping the brokers happy...
...that will be made from lunar exploration. Although the first American will not set foot on the moon until the end of the decade at best, U.S. firms are already preparing the tools and machines that the lunanauts will need when they get there, from a simple hammer to chip rock samples to a trackless train to carry them over the vast, hostile lunar plain...