Word: mutuals
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Dates: during 1960-1969
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...been uncommonly buoyant. Last week Gulf, Mobil, Standard of Ohio and Standard of Indiana hit new 1966 highs on the New York Stock Exchange. As a group, domestic oil shares have weathered the market's decline this year and maintained their Jan. 1 prices. During the last quarter, mutual funds-which were net sellers of most stocks-bought petroleum shares more heavily than any other type...
...street, obviously, and in this case of mutual alienation, the Lesley girl turns away from what should have been the normal center of her social life, Harvard, and looks elsewhere -- namely, Tufts...
While the American Allied case became a general embarrassment to all Minnesota Democrats, it was always agony for Sandy Keith. From April, 1964 to February, 1965, Keith had been employed --at $500 per month -- as general counsel and vice-president of U.S. Mutual, a subsidiary of American Allied. Even his friends admit he was guilty of incredible naivete and poor judgment in accepting the job. Republicans made it clear that the American Allied case would be their big issue this fall and Keith's vulnerability helped scare away D.F.L. financial support for the primary battle...
...skill at troubleshooting misfired, and he was forced out after an executive-suite revolt. But, as he is fond of saying, "a comeback career seems to be my lot." Now he has gone back to radio, this time as president of the nation's biggest network, the Mutual Broadcasting System. Culligan wants to expand the system from 519 affiliated stations to 600. That, he suggested, "would be a happy little universe...
...complete absence of monetary controls (a freedom found today only in Lebanon and Canada). Spreading his investments farther than his sources of deposit, Bedas moved heavily into European real estate, began issuing traveler's checks, last year even joined New York's McDonnell & Co. in starting a mutual fund sold in the Middle East, Germany, Switzerland and Latin America. Despite the increasing complexity of Intra's operations, Bedas ran it as a one-man show, scoffed at bankers who suggested he might be overextended...