Word: often
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Dates: during 1950-1959
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...since 1929 and equal to 93% of that day's volume on the New York Stock Exchange. So far this year, volume has equaled 53% of the New York Stock Exchange's, v. 32% last year. Unable to keep pace with the new popularity, the AmEx tape often trails five, ten, even 25 minutes behind. Its nearly 1,300 tickers, which transmit prices to 215 cities, print only 300 characters a minute. But able AmEx President Edward ("Ted") McCormick, 49, a onetime SECommissioner who has brought the AmEx a long stride toward maturity since he came in eight...
...with the Young. Why the trading avalanche? The bull market has attracted many novice investors who aim for the moon but set a $10 limit on the trip. They shun stocks that sell for more, which means virtually all those on the New York Stock Exchange. They figure, often wrongly, that low-priced stocks are not only the cheapest but will rise the fastest. Thus, they shop around the American Exchange, home of many a budget-priced, volatile issue. (Almost all the exchange's most active stocks last week sold below $4.) Many of the stocks are low because...
Yearling companies often go on the AmEx for "seasoning," hope to graduate to the New York Exchange. Last week, for example, Desilu Productions Inc., of TV's Desi Arnaz and Lucille Ball, joined the AmEx ranks. Even after they grow big and strong, some companies prefer to stay on the AmEx because it requires fewer financial reports, permits nonvoting stock to be listed...
...device more successfully than Andrey Biely in St. Petersburg, originally published in Russia in 1913 and now translated into English for the first time. Biely (real name: Boris Bugaiev) died in 1934, a political pariah; like Boris Pasternak, he was a Russian who came to see that revolution often destroys more than it creates...
...Sins of Rose Bernd (German). Maria Schell, suffering the pangs of unmarried motherhood, gives an often moving, sensitive performance...