Word: longs
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Dates: during 1950-1959
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...likes to back young men whose chief assets are ideas ("That is business democracy"), favors brainy companies that may contribute to national defense. A World War II Navy lieutenant commander, he says: "I never demobilized." That was one reason why he bet heavily on aircraft and missile stocks long before they boomed...
...29th national park. In Puerto Rico he built the lavish $9,000,000 Dorado Beach Hotel. While Rockefeller thinks that the Caribbean will become a winter Riviera for the Western world, he expects to lose money there, "for the foreseeable present." Usually, Rockefeller invests for the long pull; he expects investments to take ten years, or even 20, to pay off. Some never do. He has lost heavily on a company to build steel prefab houses (buyers did not buy) and another to tin tuna in Samoa (the fish did not bite...
...office in the RCA Building at Rockefeller Center (of which he is chairman). He enjoys muscle-straining outdoor exercise, chops wood regularly. And he does not worry about his investments. Last week's plunge of space-age stocks left him unconcerned. Says he: "It looks like a long overdue technical correction. The current basic trend of the market...
Self-Contained Music Player. A small (22 in. long, 51 Ibs.), automatic background-music player that provides 37½ hours of music on 16⅔ r.p.m. records was put on sale by Seeburg Corp. It will be leased for as little as $30 a month...
...persuaded by men who love their country above party that the nomination should be withdrawn?. When Senator Brigham Anderson of Utah, whose subcommittee is holding the hearings, discovers that Leffingwell has indeed lied about his past, it would seem that Advise and Consent has already gone on too long with echoes from a decade of news headlines. But Author Drury now shows how vindictive his challenged President can be, and how vicious a Senator touched by envy, spite or just the power bug. Utah's Brigham Anderson is himself vulnerable, and when his enemies dig up a homosexual incident...