Word: mutuals
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Dates: during 1960-1969
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Self-sufficiency and mutual aid are key elements of Zoroastrianism, a faith whose origin and even basic tenets are obscured in mystery. Although some devout Parsis claim that Zoroaster was born about 6000 B.C., most Western scholars agree that he lived and taught in Persia during the 6th century B.C.-an era of religious (lowering that also saw the birth of Buddha and Confucius and the revival of Judaism after its Babylonian exile...
...could see the mutual funds coming out in force for the first time in three months." said San Francisco Stockbroker Robert Anderson of Paine, Webber, Jackson & Curtis. "It makes me a lot more comfortable...
...consultant to some 90 New York Stock Exchange member firms, I have a high respect for Merrill Lynch's professional capabilities, but I find its pious, holier-than-thou preaching about commissions and mutual funds somewhat less than candid. Also, I might point out that it has risen from 60th place to third place among underwriters without any compunctions about acting on behalf of trusts and corporations as a dealer of large secondary distributions, where the commissions to the salesmen are five times as large as for normal brokerage. Isn't the customer entitled to be told when...
...Threat. Against this setting, President Johnson last week openly invited the Soviets to agree finally to end decades of mutual distrust. "Both of us possess unimaginable power," said the President. "Our responsibility to the world is heavier than that ever borne by two nations at the same time. Our common task is now this: to search for every possible area of agreement that might enlarge, no matter how slightly or how slowly, the prospects for cooperation." Solemnly he declared: "The dogmas and vocabularies of the cold war were enough for one generation. The world must not now founder...
Died. Fulton Lewis Jr., 63, radio commentator who for 30 years beamed his nightly "top of the news from Washington" to some 370 Mutual stations across the U.S.; of a heart attack; in Washington. A onetime Hearst Washington reporter, Lewis was clear about where he stood: far to the Right, against the New Deal, Fair Deal, big government, and anything he thought Communistic - and he thought quite a few things were. His extreme positions - such as crusading for Joseph McCarthy - disillusioned many of his faithful fans and caused both his impact and his audience to wane...