Word: stocked
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Dates: during 1960-1969
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...many millions Pennsylvania Heiress Helen Clay Frick, 75, daughter of Steel Baron Henry Clay Frick, has poured into the University of Pittsburgh. She established the Pitt Art Department in 1927, later gave the school a blank check to stock her Henry Clay Frick Fine Arts Library. Seven years ago, she donated a splendid Frick Fine Arts Museum. As always, she demanded secrecy about the overall cost of the building and its collection, but this time she also demanded control over the building's operation and personnel. At last, her aversion to modern art and her criticism of the staff...
Because of the Northeast's blizzard, the New York Stock Exchange held an abbreviated session one day last week, with the result that trading for the day amounted to only 6,400,000 shares...
...president of the New York Stock Exchange for 15 years, G. Keith Funston always insisted that Big Board corporations promptly report significant changes in management. Living up to the letter of that rule last week was the Olin Mathieson Chemical Corp., whose messengers appeared promptly and simultaneously at wire services, publications and TV networks to pass the word that the company's new chairman would be none other than G. Keith Funston, 56, who is retiring from the Exchange when his present contract runs out in September...
Presiding over the merger marriage of the International Telephone & Telegraph Corp. and the American Broadcasting Cos. into a $2 billion corporation, the Federal Communications Commission approved the union seven weeks ago and allowed a formal exchange of stock. But one day before the merger was effective, the Justice Department behaved like a guest who rises to stop a wedding ceremony when the minister asks for final objections. Justice's antitrust lawyers demanded a postponement and reconsideration of the move because of the possibility of "competitive dangers." Last week, after more hot debate, the commission...
...French dealt from strength. After 30 years of controls, the government restored freedom to the franc and, to the surprise of moneymen everywhere, abolished controls over gold as well. In the U.S., the Federal Reserve Board reported a symptom of weakness: the nation's gold stock fell another $571 million last year, to $13.2 billion, the lowest level since...