Word: mutuals
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Dates: during 1960-1969
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...Coronado, Calif. In contrast to the pickets who express their discontent by merely marching in circles, the McCoys are the kind of people who actively meet the needs of community life. Should hostilities cease tomorrow, McCoy would be looking for ways to build bridges of good will and mutual understanding. Ingenuity and creative action are part of his life style. HAROLD A. MACNEILL Chaplain, U.S.N. Portsmouth...
...demands of the people for goods, I feel there is nothing to worry about. Anyone who drops out of the market now is making a real mistake." Says St. Louis Chemicals Executive Brooks Bernhardt, 51: "My wife and I own 14 common stocks, plus shares in a mutual fund. We've put these away for our retirement. Recently, they've all gone down a little bit, but whether the market goes up or down in four months or two years doesn't make that much difference to us." In Cincinnati, Kenyon Z. Mitchell, 78, a retired railroad electrician, says almost...
...Russia "is rendering the gallant Vietnamese people steadily increasing economic and military, material and moral support," ritually vowed that the Soviet "will do everything in its power to help drive out the American invaders." But Kosygin added that Russia stands ready to "traverse our part of the road toward mutual understanding" and "will not be taken in by the provocations of those who would like to warm their hands over the hot beds of international tension"-which seemed aimed less at the U.S. than at Red China...
...patrician, or all four.* By contrast, Pat, 23, has a modest background and an uncharted future. His parents, Gerard and Tillie Nugent, have lived for 25 years in a small orange bungalow with fake-brick siding in a blue-collar Waukegan neighborhood. Gerard Nugent, district sales manager for a mutual-fund distributor, is of Irish descent. Mrs. Nugent's antecedents are Lithuanian. They sent their tall, athletic son to parochial grammar and prep schools and then to Jesuit Marquette University in Milwaukee, where he graduated with a B average in history. He earned pocket money by working...
Stock investors are therefore nervous -as witness the fact that even the mutual funds were staying relatively clear of Wall Street. According to second-quarter reports, the mutuals have some $2.3 billion waiting to be invested. This represents about 61% of their assets in cash and marketable securities, the highest ratio since...