Word: marketing
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Dates: during 1950-1959
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...dancing and investing in the stock market alike? Wall Street may not think so, but Dancer Nicholas Darvas does. To find out how he has danced his way to a fortune in stocks, see BUSINESS, Pas de Dough...
...vase (Japan), Bible (Israel), a boxed edition of Don Quixote printed on and bound in cork (Spain), 100 cigars (Cuba). From Eelco van Klef-fens, the European Coal and Steel Community's Ambassador to Great Britain, Ike got a boxed paperweight made up of metal flags of Common Market nations. Though the other gifts were to be sent down to Washington, he said, "My son can carry this," and handed the paperweight to his aide, Major John Eisenhower. Of all the exhibits, the Czechoslovakian inspired Ike with the greatest animation. Wagging his head, he discussed with Ambassador Miroslav Ruzek...
Wall Street's golden bull added still more muscle last week. Shrugging off a nip at margin accounts by the Federal Reserve (see below), the U.S. investor drove the market to still another historic high. Led by some of the nation's biggest corporations, stocks on the Dow-Jones industrial average rose to 637.04 at midweek. By the final gong at week's end, profit taking had clipped only 2.51 points from the mark to put the weekly gain at 13.17 points...
...professional traders had just about run out of things to say about the market. Wall Street's brokers and analysts have chewed the juice out of all the minor, technical reasons for the continuing rise. Now they are coming to recognize the great, overriding reason: business is fine and getting better. The U.S. is off on a brand new boom...
...Future. What the U.S. could expect in the future and what might well send Wall Street's stock market higher still was contained in the predictions of industry's executives. Ford Vice President Charles R. Beacham predicted that auto sales in 1959 would top 1958 by 40%. U.S. Rubber General Sales Manager Herbert D. Smith predicted record sales of 94.5 million tires this year for the replacement market, to say nothing of the 29 million tires that go on new cars...