Word: steeled
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Dates: during 1960-1969
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...Cover: Acrylic on steel, by Louis Glanzman...
Artist Glanzman, who has done a variety of TIME covers in a variety of styles and media, used raw textured silk and leather as a background for his unusual composition. "I painted the head on steel," he says, "to represent Fiat. The silk and leather represent Italian industries...
...frail young man in the grey suit, blue shirt and dark tie rocks slightly in the big leather swivel chair. Occasionally he throws a salute to his grey-faced mother Mary and two brothers, Munir and Adel. The windows of the courtroom are sealed with quarter-inch steel armor plate, and the lighting overhead accentuates his dark stubble, arching cheek bones and deep-set eyes...
Brokers now sense that investors are shifting their preferences from speculative stocks to those with more fundamental values. Kenneth Ward, senior vice president of Hayden Stone, expects a rising interest in steel, chemical, airline and utility stocks, which should do better than high flyers in a quieter economic climate. "For the short term, the speculative boom is over," says Research Director Walter Stern of Burnham & Co. "Too many people have been buying too many stocks for the wrong reasons. There has been a race for instant profit based on tips and stories of impending deals. The bubble has to burst...
...Homestead steel strike in 1892 (eight years after Allan's death) that finally turned the word Pinkerton into a hated synonym for union-breaking muscle; for during that strike, Winchester-toting agents were imported as "watchmen." As late as the 1930s, Pinkertons were finding congenial work playing labor spies on behalf of management. For today's Pinkerton heirs, however, the intoxicating old self-righteousness is gone. Robert II, the fourth generation of detective Pinkertons, who would have preferred to remain a Wall Street broker, is now chairman of the board. Seventy branch offices are tamely staffed with...