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Word: dow (lookup in dictionary) (lookup stats)
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Price indexing, too, has become a mania; art buyers want to have value lists analogous to the Dow Jones charts. Unfortunately, the statistics are nearly always incomplete, inaccurate and full of special pleading; even so, they have helped crystallize the fantasy that the desire for art can somehow be statistically measured. By far the quaintest manifestation of this to date has been a rating system cobbled together by a young financial tipster named Willi Bongard, which recently appeared in Capital (a monthly German management magazine) and was reported in the Wall Street Journal. His artcom-pass purports to grade...

Author: /time Magazine | Title: Time Essay: A Modest Proposal: Royalties for Artists | 3/11/1974 | See Source »

...political bedfellows in Chile, Greece, Brazil, South Korea, the Philippines, and the Middle East. In any of these regions an increase of popular resistance to U.S.-supported oppression could cause the government to drag us into new counterrevolutionary intervention. This continual threat of war means that now, as with Dow Chemical in 1967 or with ROTC in 1969, it is no less important to try to break the ties between the military and large corporations...

Author: By Lee Penn, | Title: Honeywell: Bomb Recruitment | 2/22/1974 | See Source »

...prevent panic. Walston's 143 offices remained temporarily open for business, and its 300,000 customers were free to transfer their accounts to other brokers at any time. In contrast to previous Wall Street failures, the stock market hardly noticed Walston's impending demise: the Dow Jones industrial average was virtually unchanged on the day of the announcement, and it finished the week at 859, up four points...

Author: /time Magazine | Title: WALL STREET: Perot's Orderly Retreat | 2/4/1974 | See Source »

...flusher times, Perot's plan might have worked. But the stock market has been wobbling downward ever since the Dow Jones hit its alltime high of 1051.7 in January 1973. The advent of negotiated commission rates for large transactions in 1971 has cut into the profits of many firms. New York Stock Exchange member firms collectively lost some $80 million last year after turning a profit of more than $787 million in 1972. Among the biggest losers was Walston, which reportedly dropped $22.9 million between July and November, the first five months of Perot's stewardship. Meanwhile, duPont...

Author: /time Magazine | Title: WALL STREET: Perot's Orderly Retreat | 2/4/1974 | See Source »

...behold, there was Jerry Mathers as "The Beaver." There's nothing quite as enjoyable as a 7:30 rerun of that immortal series "Leave It To Beaver." (For you Tony Dow fans, the show can be seen on Channel Five.) The Beaver (Beaver Cleaver) it seems, was being teased at school by several girls who thought he looked like a sheepdog (seriously...

Author: By William E. Stedman jr., | Title: Rock Steady | 1/22/1974 | See Source »

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