Word: risen
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Dates: during 1950-1959
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...about his own work: "I don't like to discuss the subject . . . mainly because I have nothing to say. I paint like a carpenter who saws wood, like a blacksmith who hammers iron." Buffet won the prestigious Critics Award when he was only 20, and his reputation has risen ever since. Today he turns out oils, painted in depressing greys, black, drab greens and dun brown at a rate even a house painter would envy. As rapidly as he paints them, collectors snap them up, at prices ranging from $2,000 to $10,000 each...
...never bought stocks speculatively, was introduced as the author of a forthcoming book on the 1929 crash. Not surprisingly, he seemed to have the crash on his mind as he testified. In the present market, said Galbraith, there were resemblances to 1929 that were "possibly disturbing." Prices had risen at an "unhealthy rate," and if the market kept going up, "there could be a collapse...
...caucus room. First witness was President G. Keith Funston of the New York Stock Exchange. Neatly turned out in a grey plaid suit, Funston started testifying nervously, polished off two full pitchers of water before lunch. But as he worked through his scholarly study of why the market has risen, he relaxed, realizing that he was indeed among friends. There were plenty of reasons why demand for stocks has gone up so fast, said Funston. Among them: easy money and credit, postwar inflation, institutional buying, the death of the excess-profits tax. At the same time the supply of stocks...
Good Climate. Even at present levels, said Funston, the market is not too high. Stock yields now average 4.3% v. 3.3% in 1929; stock prices, in terms of 1929 dollars, have risen but 68% in a period when the size of the U.S. economy has doubled. Furthermore, the market today has little of the speculative froth of the past; only 1.1% of the value of the listed issues is held on margin...
Applications for next year's Radcliffe freshman lass have risen substantially, following a similar trend in the nation's men's colleges, Miss Constance Ballou, Director of Admissions, said yesterday...