Word: rail
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Dates: during 1960-1969
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...reflecting Wall Street's widespread belief that its new bull has hardly begun to frolic, and that the Street is in for a long market rise. Although stocks backed and filled for most of the week, the Street's excitement was kept up by the upsurge in rail shares. Rails broke through their previous high to reach 150.81, thus, according to the Dow theory, "confirming" the signal four weeks ago of the Dow-Jones industrial average that a bull market...
...SERVO CORP. OF AMERICA at Hicksville, N.Y., produces infra-red fire-detection systems for aircraft as well as hotbox detectors, which are placed beside rail tracks to sense an overheated wheel bearing as it passes, warn maintenance crews of hotboxes. The Chesapeake & Ohio Ry. installed 17 such detectors for around $400.000. reckons it saves more than that amount each year in labor costs...
Pets? Poet Gavin Maxwell, grandson of famed Natural Historian Sir Herbert Maxwell, has investigated them all: a lemur, a bush baby, a wildcat, a rail, five wild geese, a dozen tropical birds, a goat that jumped on the kitchen table, and a cow that strolled upstairs one day and almost gave birth on the landing. Otters, he proclaims in this lyric celebration of the beast he loved the best and of the wild Scottish coast they romped along together, are the greatest...
During the week, traders and brokers waited suspensefully for the rail average, the other important signal to Dow theorists, to confirm a bull market trend by piercing its previous high of 146.56 reached last March. The rails came tantalizingly close to doing just that-only to fall back to 144.84 at week's end. If the rails do not go through, then the Dow theorists argue that the market is in for trouble. As for the utilities, which are not included in the Dow theory, they have been rising steadily for months under the buying of cautious investors seeking...
Although the strong appreciation of innovation in music today is laudable, the results of this emphasis have not all been good. The great gap between the many techniques of composition today inflate the art's factional politics; the neoclassicists rail at the atonalists for their dehumanized experimentation and the latter hiss back at their opponents's "superfiuous," "reactionary" conservatism. If a composer finds no camp congenial, he must have great skill to select the elements from several schools, integrate them into a distinctly personal idiom, and still avoid the short-comings of a patchwork eclecticism...