Word: dorsey
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Dates: during 1960-1969
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...inflation, 2) higher profits, and 3) a general pickup in the economy. Just after President Kennedy's speech, the Dow-Jones industrial average scored its best three-day gain of the year, rose 18.76 points to close at a near record 705.13. Predicted Securities Analyst Harold B. Dorsey of Wall Street's Argus Research Corporation: "The annual rate of earnings on the Dow-Jones industrial average stocks in the first half of next year will be more than 10% higher than the best calendar year on record...
...Dorsey, political writer for the Cleveland Plain Dealer, says, "Both Nixon and Kennedy were well received in Ohio. The Kennedy crowds were more enthusiastic--you'd expect a concentration of Democratic voters in the large urban Dorsey he visited. Still, Nixon drew a very good crowd in Cleveland, and filled public Hall...
Lausche, a notorious maverick, has come out unenthusiastically for Kennedy, Dorsey reports, and has issued "a statement agreeing more with Nixon than with Kennedy on Quemoy and Matsu." Dorsey says, "I don't believe he affects the people much." In Dorsey's opinion, smaller industrial towns south of Cleveland will hold the key to the election...