Word: investors
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Dates: during 1950-1959
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...best example of how Iranian attitudes have changed since the xenophobic days of Premier Mossadegh is a provision allowing the Shah and NIOC to negotiate directly with foreign firms without the preliminary wrangling in the Majlis that discouraged many a prospective investor in the past. With the new law several U.S. oil firms, plus Japanese and Italian companies, are expected to try their luck soon in Iran's oil-promising interior...
True Average. A big advantage of the new index is that it will give the investor a true idea of the average price of a single share of stock-a figure that has been lost in the inflated statistics of almost all market averages. On Dec. 31, for instance, Standard & Poor's daily industrial index closed at 498.9 and the Dow-Jones industrial average at 499.47, yet the New York Stock Exchange reported that the average value of one share of stock on that date was only $49.12, or about one-tenth as much...
...matter which way the market turns. One recent sample: "If stocks hold at their present levels, the prospect of a continuation of the current trading range for the next few months appears likely. On the other hand, if the range is penetrated shortly on the downside, a deterioration of investor confidence could result in lower prices...
...After trade, this Administration believes the most desirable source of dollar income is private investment . . . Loans have to be repaid, both principal and interest, whether or not the investment earns a profit. Not so with private investment. For the private investor to withdraw a dividend, he must first earn it. And investments are like trade in that there is no limit to their expansion...
...death, it was clear that Kreuger had been the world's greatest swindler, having "misappropriated" some $1,168,000,000 in nine years. In another month Sweden's Prime Minister had toppled, bank clerks were committing suicide, and King Gustaf's brother, a heavy Kreuger investor, had to move to humbler lodgings. In May, Pope Pius XI gave the Kreuger legend its epitaph by issuing an encyclical, Caritate Christi Compulsi (Urged by the Charity of Christ), the gist of which was: "The i love of money is the root of all evils...