Word: standardized
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Dates: during 1950-1959
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...equity capital to American business is of vital importance to the future growth of our dynamic economy. If industry is to be supplied with the new funds it must have in the years ahead to create jobs, produce new and better products, and continue to raise our national standard of living, it will be essential to broaden the base of corporate ownership--to add to the rolls of American shareowners millions of financially able individuals who are not now owners of corporate stock. Mass investment will have to be added to our modern miracles of mass production and mass distribution...
During most of 1954, that enthusiasm seemed decidedly premature. After several weeks of reflective silence, Moscow greeted the Eisenhower plan with the frigid statement that the Soviet Union could not even consider participating without a prior prohibition of all atomic weapons. With each reiteration of this standard Soviet demand, the possibility of genuine international cooperation on the plan seemed to dwindle a little more. As late as November 12, Soviet delegate Andrei Vishinsky told the United Nations that the Eisenhower plan means only that "those who thirst for substantial assistance would be given crumbs from the rich man's table...
...volume hit 3,000,000 shares or better every day, the floor of the N.Y. Stock Exchange swarmed with traders bidding for stock (see cut). The heavy buying shot up the motors and steels, then spread to the oils, railroads and chemicals. Standard Oil Co. (N.J.) leaped 7 points to 107⅝; U.S. Steel 3 to 69⅝; New York Central 1½ points to 25¼; Union Carbide 4⅛ to 84¾. By week's end, the Dow-Jones industrial average was up nearly 10 points to 387.79. rounding off a post-election rise of 33.83 points...
...Jones rail average, though at a high for the year (up 2.55 points last week to 132.27), was still almost 60 points below its 1929 peak; the utility average (up a fraction of a point to 60.75) was more than 80 points below its high. Among other standard Wall Street guides, there were similar discrepancies. The New York Times average of 50 representative stocks, at 253.55, was 50 points below the 1929 high, while the Herald Tribune average of 100 stocks, at 175.72 was 33.15 points below its top. On the other hand. Standard & Poor's index...
...Double Standard. In San Francisco, members of the vice squad, preparing a pandering case, were shaken to discover that after posing as a businessman, luring two call girls to his hotel room and arresting them as material witnesses, Inspector John O'Haire took a second look at one of the girls, eloped to Reno and married...