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Wall Street analysts were divided, as usual, over whether the market was starting a new push upward or would slip back. Monte Gordon, vice president and director of research for the Dreyfus financial group sees more records ahead. Said he: "I think you can expect to reach the 1275 level in the middle or the end of October." But some other seers were worried about large federal deficits and higher interest rates. Said David Jones, senior vice president of Aubrey G. Lanston & Co.: "I think the market has run out of steam and won't do much better than...

Author: /time Magazine | Title: From Record to Record | 10/3/1983 | See Source »

...American professor, with an introduction by J.M. Cocking, a British don. He writes, "The most exciting references to Proust's developing sense of vocation come in letters later than those included here." His statement is, at the very least, open to question. On the subject of the Dreyfus case, for example, I am for the innocent captain and against the corrupt military men who accuse him of treason. These Dreyfusard letters foreshadow my special pleading for those whom society punishes by exclusion. And when I speak about a youthful search "for the grain of poetry indispensable to existence...

Author: /time Magazine | Title: Books: Obeying Pain | 6/27/1983 | See Source »

Fakes have set complex historical forces dancing. Anti-Semitic officers high in the French military fabricated evidence that Captain Alfred Dreyfus, an Alsatian Jew, passed sensitive information to the Germans and Italians. Convicted of treason in 1894 and sentenced to Devil's Island for life, Dreyfus had to endure a ceremony in which his sword was broken and the insignia stripped from his uniform. One shocked witness was Theodor Herzl, a Jewish journalist covering the trial for a Vienna newspaper. Herzl embarked on a train of thought that would result in the writing of Der Judenstaat (The Jewish State...

Author: /time Magazine | Title: Fakes That Have Skewed History | 5/16/1983 | See Source »

...have simply been taking funds directly out of savings or checking accounts and putting it into stocks. Monthly sales of stock funds have been averaging $1.8 billion this year, according to the Investment Company Institute. That is three times the level of 1982. Says Monte Gordon, research director for Dreyfus Corp.: "The influx of cash has been nothing short of an explosion." Gordon notes that IRA money has been rolling into his company's stock funds five times as quickly as into its once fast-growing money-market funds. Adds he: "If that doesn't show the direction...

Author: /time Magazine | Title: Wall Street's Spring Rally | 5/2/1983 | See Source »

...detective is searching for the exquisite Pink Panther diamond, which has disappeared from the mythical Middle Eastern country of Lukash (as it did in Clouseau's 1962 debut film, The Pink Panther). His scourge and rival, Chief Inspector Dreyfus (Herbert Lom) is livid that the clumsy Clouseau has drawn another choice assignment. But the President of Lukash wants the renowned Clouseau--until, that is, he learns that he stands to make big bucks in insurance as long as the diamond remains missing. Shortly thereafter, Clouseau disappears...

Author: By Paul A. Engelmayer, | Title: Back on the Trail | 1/13/1983 | See Source »

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