Word: marketeers
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Dates: during 1960-1969
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...should not be too proud. We talk of our dedication to democratic ideals, to the "free market place of ideas," to freedom of speech and of the press. And that of course is what we are here at Harvard to do: talk, think, understand...
...current surge of trading has ever before hit Wall Street. Caught in a growing backlog of paper work, most brokerage offices have been unable to process and deliver stock certificates as fast as they have been bought and sold. Last week the nation's leading securities markets decided to curtail their hours to enable clerical staffs to catch up, just as they did for nine market days last August...
Starting this week and continuing for an indefinite period, trading will end at 2 p.m., 90 minutes earlier than usual, at the New York Stock Exchange, the American Stock Exchange and in the over-the-counter market of unlisted issues. Most regional exchanges have adopted similarly shortened hours. The markets also decided to close for trading on Lincoln's Birthday, Feb. 12, to give back-office workers an extra day to whittle down the logjam...
Coping with the Crush. So far in 1968, Big Board trading has averaged nearly 13 million shares a day, almost double the 1965 rate and a 38% leap from the 1967 daily average. Though no figures are available for the scattered over-the-counter market, brokers estimate that volume has risen by 70% from a year ago. The American Stock Exchange shows the most stunning gain of all: average daily volume has jumped 182% in a year, from 2,826,495 shares to 7,949,003. Last week Amex volume swelled to four successive daily records, reaching a peak...
...money terms, though, it would be the students who would pay for their education, and it is unlikely that many of them would have sufficient market power to force their incomes to such high levels that they would not mind sending a great deal of money to the Bank each year...