Word: dows
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Dates: during 1960-1969
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When I look back over the past year and a half, there are two or three notable examples of this trend. The establishment of the SFAC came about as a result of Dow. Yet I can remember reading past minutes of the HUC meetings and listening to the discussions of that council during the fall of last year where a tremendous concern was demonstrated for Harvard's relationship to society. The HUC never got much encouragement or response from the administration about proposals and concern the HUC had expressed on matters relating to Harvard's position in the society...
...member of the board revealed yesterday that the two possibilities are to place on probation all those who had their bursar's cards taken, or to suspend those who were involved in both the Dow demonstration of last year and Paine Hall and place the rest on probation. The source revealed that there are about eight Harvard undergraduates who were involved in both Dow and Paine Hall...
...York Stock Exchange, the Dow-Jones industrial average, which reached a 1968 peak of 985.21 on Dec. 3, fell to 943.75 at year's end. Despite a rebound when trading resumed after the New Year holiday, the average lost ground for the week, closing...
Speculation and Shift. Altogether, 1968 was a fairly disappointing year for blue-chip industrial shares. Propelled by political as well as economic events, the Dow-Jones average bounced erratically, but gained only 4.3% for the year. Broader-based indicators of Big Board securities rose about twice as much. The New York Exchange index of all 1,249 listed common stocks climbed 9.4% and Standard & Poor's index of 500 issues rose 7.7%. On the American Stock Exchange, a haven for low-priced and often volatile issues, prices soared an average...
...over-the-counter market at an average of 40 times their per-share profits, a height last reached shortly before the market's 1962 plunge. Since 1966, the average price-earnings ratio of American Exchange stocks has jumped from 10-1 to 26-1. By contrast, the Dow-Jones industrial average finished 1968 at a level only 16.7 times the average per-share earnings of its stocks, down from 17.2 a year earlier. The decline suggests that blue chips are anything but overpriced...