Word: mutuality
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Dates: during 1960-1969
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...deadlines, and shared a love of soul music. They even had a similar hangup: Carol sleeps with a "security blanket," while Pat feels lost without her own well-worn pillow. "I'm messy," says Carol, "and so is she." Don Denzin and James Sherry found companionship in a mutual appreciation of Thoreau's Walden and a joint jam session-Don on clarinet, Jim on guitar. Carol Tucker and Lynn McElroy were delighted by the matching because, as Carol explains it, "we're built the same and are both outdoorsy." That already has led to tennis-playing...
...National Association of Business Economists that the economy faces only a "brief hesitation late this year and early in 1969." Moreover, say the bulls, so much money is pouring into the coffers of institutional investors that they will be forced to step up their stock purchasing. Somewhat surprisingly, mutual funds actually sold off some $124 million worth of stocks during August, despite the market rise. According to figures from the Investment Company Institute, the selloff lifted the mutuals' cash reserves to $3.5 billion, or 7.1% of fund assets. Mutual funds generally keep only 5.5% of their resources idle...
...York City-based Mutual Real Estate Investment Trust ($1,000,000), which owns apartment buildings in New York, New Jersey, Illinois and Virginia. The company has had a hard time raising capital for expansion because of an aggressive policy of integration in its units, most of which are well removed from heavily Negro neighborhoods...
...deal was sealed with a handshake only a few days after the two men had been introduced by a mutual friend. They were not nearly ready to discuss the matter with their boards of directors, much less the public. But word soon began seeping out, and both knew that the Securities and Exchange Commission takes a dim view these days of executives who hold back news of pending deals. Thus last week the top men of Xerox Corp. and C.I.T. Financial Corp. announced plans to join their companies in one of the largest corporate mergers in history...
...would hope that the administration is equally eager for communication and that it is not going to isolate itself. A dialogue can only exist in an atmosphere of mutual respect...