Word: mutuals
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Dates: during 1950-1959
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...complained that Dulles "did not come up with a constructive alternative" to the Soviet plan for confederation of East and West Germany by mutual agreement...
...CORPORATE PROFITS will jump to $21.5 billion, up a full 20% from 1958's estimated $17.8 billion and just a shade below $21.8 billion of 1957, predicts National Securities & Research Corp., one of leading mutual funds (assets: more than $400 million...
...feelings," insisted they had nothing against Rountree personally but were simply expressing resentment of the U.S. built up over the years of the Nuri asSaid regime, which came to a bloody ending last summer. In turn, Rountree said the U.S. wanted friendly relations with Iraq and hoped that greater mutual confidence could be created. After exchanging platitudes for 90 minutes, Rountree left. Kassem's next visitor was the Soviet ambassador, who spent 45 minutes with the general in what was also described as "an atmosphere of friendship and cordiality" in Baghdad papers next day; on orders, each visit...
...workman who once put aside a few dollars a week towards his retirement, now buys into the market through a mutual fund or the Stock Exchange's Monthly Investment Plan. So does the middle-income white-collar worker who hopes to send his son through college, the matron who saves to give her daughter a bang-up wedding. In Atlanta Mrs. Sara Pfeiffer, a trim, energetic grandmother and freelance writer, has organized three investment clubs, is busy with a fourth. Says a Cleveland commercial artist: "This year I became a capitalist. I went into the market for the first...
...many new capitalists that the number of stockholders passed the 10 million mark. Merrill Lynch alone is adding new accounts at the rate of 950 a week. Mutual funds are growing almost as fast. In 1940 there were only 68 mutual funds with $448 million in assets; today 149 funds hold $12.75 billion in assets, the great bulk of it stocks. Another $12 billion in stocks is held by other institutional buyers such as insurance companies and pension funds. Even such stiff-collared investment bankers as Lehman Bros. and Lazard Frères went into the fund business, unable...