Word: dows
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Dates: during 1960-1969
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...that 1968 was a vintage year for mutual funds. Most of them outperformed the market and, overall, the assets of 300 U.S. funds grew a healthy 22%, from $45 billion to $55 billion. Of 307 funds surveyed by Manhattan's Arthur Lipper Corp., 285 did better than the Dow-Jones average of 30 blue-chip industrial stocks, whose average 4.3% growth barely kept abreast of inflation. Altogether, 238 funds topped the 9.4% gain of the New York Stock Exchange's index of all its 1,249 common stocks...
Three chief executive officers--The Goodyear Tire & Rubber Company's Chairman, Russell De Young, The Dow Chemical Company's President, H. D. Doan, and Motorola's Chairman, Robert W. Galvin--are responding to serious questions and viewpoints posed by students about business and its role in our changing society ... and from their perspective as heads of major corporations are exchanging views through means of a campus / corporate Dialogue Program on specific issues raised by leading student spokesmen...
...these Dialogues will appear in this publication, and other campus newspapers across the country, throughout this academic year. Campus comments are invited, and should be forwarded to Mr. DeYoung, Goodyear, Akron, Ohio; Mr. Doan, Dow Chemical, Midland, Michigan; or Mr. Galvin, Motorola, Franklin Park, Illinois, as appropriate...
...York Stock Exchange, the Dow-Jones industrial average sank for the fourth straight week. A 26-point loss reduced the average to 925, wiping out all its gains since mid-September. From its early December peak, the Dow has slipped 60 points, or 6%. Brokers generally see little on the economic horizon to provide much cheer...
Aiming at Business. The last time funds drained out of lending institutions at such a rate was just before the crisis that bankers call the "1966 credit crunch." Bond prices crashed, the Dow-Jones average plunged 18%, and mortgage money grew so scarce that housing starts fell to a postwar low. Though some pessimists fear that all this could happen again, the banks have considerably more cash on hand in 1969 than in 1966. The Federal Reserve is also using its monetary weapons with more finesse...