Word: mutuals
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Dates: during 1960-1969
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...Mutual Bell. One civil rights lawyer says that Johnson "runs his courtroom like a ship in the old tradition, like an English man-o'-war. He is about as good as a trial judge can.be." Another rights lawyer calls Johnson "entirely fair. You can never tell whether he's going to rule for you or against you." Even lawyers on the other side of the civil rights fence cannot restrain themselves. Adds...
...protests, Johnson agreed to withdraw fewer of the fighter-bombers than he had intended to bring home, but he stuck by the U.S. plan to reduce ground forces in Germany by 20,000 men. He also promised that Washington from now on would consult with Bonn on matters of mutual importance before the decisions were made...
...week Polaroid (up $10.63), Motorola (up $14.13) and Teledyne (up $15.75) carried on the surge, and IBM shot up a whopping $28.50, thanks to a $17 jump Thursday, to close at a record $496.50 per share. But the industrials are catching up, partly because cash-heavy institutional investors (notably mutual funds) are upping their purchases. "The more the glamour stocks go up," explains Richard Buchsbaum, research director at W. E. Hutton & Co., "the cheaper the blue chips look...
Divorced. By Sheila MacRae, 43, nightclub comedienne and long-suffering but saber-tongued second TV wife of Jackie Gleason in The Honeymooners; Gordon MacRae, 46, pop balladeer and film star (Oklahoma!, Carousel): by mutual consent on grounds of incompatibility; after 25 years of marriage, four children; in Juarez, Mexico...
Died. Ruth Houghton Axe, 67, economist and financier, the only woman to head a mutual fund, who met her writer-economist husband, Emerson Wirt Axe, while she was assistant editor of the Annalist, a financial weekly, in 1932 formed with him E. W. Axe & Co., investment counselors, helped run the firm until his death in 1964, then took the reins herself, directing with boundless energy its four mutual funds and private-investment accounts worth $500 million from a turreted 45-room Westchester County castle; of a heart attack; in Tarrytown...