Word: chipping
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...riding for another fall. With the gift of 20/20 hindsight, they see that the 1961 market involved too much speculative buying by people who went deeply in debt to grab up stocks with more futuristic "glamour" than current earnings. This year's market leaders are blue-chip companies with strong earnings to back up their stock prices. Dow-Jones stocks are selling at 18.8 times per-share earnings, v. 22.9 times earnings in late 1961. The easily panicked amateur buyers, who deal in small lots, account for only 15.8% of trading, compared with 20.8% two years ago. "This...
Some dyspeptic Iroquois brave named it "Se-rach-to-que," which has been translated as "Floating Scum upon the Water." Among dip-minded suburban housewives it enjoys minor fame as the birthplace of the potato chip. James Gordon Bennett was moved to entitle it "the seraglio of the prurient aristocracy." To the rheumy rich of the '90s it was "The Spa," and its eggy sulphur waters were just the ticket for constipation and gout. But now the seltzer baths belong to the state, and for eleven months out of the year Saratoga Springs (pop. 16,000) is a quiet...
...yers as people discover how exciting other sports can be. Many a man who thrills to pro football now twiddles his thumbs through a nine-inning pitching duel: there are other things to do on a weekend-play golf or watch the pros, go to the auto races, chip in to buy a boat and take the kids sailing or fishing. The expansion to ten-team leagues gave attendance a hypo. But the boosters can hardly be expected to stay all steamed up when their heroes are glued in the cellar and the pennant races settle into that familiar groove...
...bookie with an encyclopedic knowledge of the masters and a computer-like memory (he once spotted an unidentified Watteau, got it for $30), who inherited the house of Wildenstein from his father Nathan in 1934, carried on the family tradition of spot cash for multimillion-dollar collections, blue-chip customers (from Manhattan's Metropolitan Museum to Stavros Niarchos) and controversy (he caused a national uproar in 1960 after he outbid the Louvre for a De La Tour, then exported it to the Met, making himself a profit of at least $500,000); of a heart attack; in Paris...
...British, who are already committed to building a $1 billion Polaris submarine fleet by 1970, reply that they cannot afford to pour more money into anything as theoretical as MLF. Europe's most telling objection to the project is that even if the allies did chip in, ultimate control of its weapons would still rest with...