Word: numbered
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Dates: during 1960-1969
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...institutions%#151;any and all institutions, here and around the world. The standard phrase concerning social disorders is "It's only a small group that's involved." But that is a misleading assertion. Beyond the fractious few, beyond even the considerable group of sympathizers, is the larger number of people who have no fixed views but are running a chronic low fever of antagonism toward their institutions, their fellow men and life in general. They provide the climate in which disorder spreads. In that climate, unfortunately, our honored tradition of dissent has undergone an unprecedented debasement...
...season when a number of dealers and publications have been touting "photographic realism" as the latest new trend, at least two of Manhattan's abler painters have proudly displayed what might be called unphotographic realism. Their canvases differ widely, but both Jack Beal, 37, and Joseph Raffael, 36, invest the visible world with invisible qualities of fantasy and imagination...
Paradoxically, the agitators have concentrated their ire on Chrysler, partly because it has so many black workers, including a considerable number of recent recruits from the hard-core unemployed. Nearly 35% of the company's 153,000 U.S. employees and 10% of its foremen and higher-ranking workers are members of minority groups. The troublemakers have also begun organizing at Ford's Rouge complex, and are threatening to move into General Motors' gear-and-axle plant in Detroit...
Knocking on Doors. Since going public in 1967, Clubman's has increased its capitalization to $50 million. It has acquired an advertising agency, a vending-machine company, and a chain of betting shops that now number more than 100. The company has also spread into liquor sales and auto rentals; three weeks ago, it signed a conditional agreement to acquire Ace Industrial Holdings, an amusement-machine manufacturer that earned $1,400,000 before taxes in 1968. Last year, spurred by acquisitions, Clubman's revenues leaped from $1,100,000 to $37 million, while profits reached...
...fancy financial footwork. This is a sensitive matter because many investors mistakenly believe that they can gauge a stock's merit simply by checking per-share earnings. The board ruled that companies with a complicated mix of securities may no longer merely divide their net profits by the number of shares outstanding to arrive at per-share earnings. Instead, companies must reduce the net to allow for future conversion of all warrants and some (but not all) convertible debentures and convertible preferred shares. Many businessmen and accountants object to the proviso. "The interests of average stockholders aren...