Word: stocked
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Dates: during 1960-1969
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...Whitney, scion of a New England missionary family, was the kind of crusader who considered it his duty to campaign against the hula as an economic evil which distracted men from their work. Toward the turn of the century, when Hawaii's famous Castle family held a controlling stock interest, the present publisher's grandfather, Lorrin A. Thurston, was put in charge. He, too, was a campaigner, known for his fiery editorials in favor of U.S. annexation. His son, Lorrin P., who took over the paper in 1931, took up the cause of Hawaiian statehood as his crusade...
...succeed him, his Yale-trained nephew, Thurston Twigg-Smith. "He's never been any damn good at anything," he sneered. Twigg-Smith, however, had a different view of his own abilities. In 1961, he engineered a "palace revolution." Though he controlled only 42% of the paper's stock, he quietly signed up other rebels, including the paper's ambitious editor George Chaplin, who had been hired from the New Orleans Item largely because he had written more than 50 editorials urging Hawaiian statehood. With just a fraction of a percentage point over 50% of the stock then...
...last, the bulls returned to Wall Street. For the first time since June, investors got a rise out of the stock market on Monday-the Dow-Jones industrial index spurted 15 points for the best single-day gain in 15 months. At week's end the Dow-Jones had risen 39 points, to 814, regaining $25 billion in paper values. As if to celebrate, hundreds of Wall Streeters observed "Mexico in New York Week" by watching an open-air performance by Mexican folk dancers and a troupe of musicians aptly called Los Toritos-The Little Bulls...
When he became president of the New York Stock Exchange in 1951, George Keith Funston said, "I'll try to be a salesman of shares in America...
Though long expected, word of his retirement caught Wall Streeters unprepared. Throughout almost all the long postwar bull market, Funston has been the symbol and champion of the New York Stock Exchange's Corinthian-columned citadel, a man who helped change its image from that of a clubby, tricky place to that of a respectable and generally profitable market for everyman. After his announcement last week, a score of names were bruited about as possible successors; they ranged from Richard M. Nixon to Walter...