Word: stockly
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Dates: during 1950-1959
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...person per week. This sounded liberal, but the trick was to get it. By last week, queues were forming in front of Poland's butcher shops long before dawn, and generally, by the time half the waiting housewives had made their purchases, the butcher's stock...
...Started Reading the Wall Street Journal." He does not reside near Wall Street; the Journal has more readers in California than New York, and its subscribers live in virtually all of the 3,044 counties in the continental U.S. The chances are good that he owns stock sold in at least one of the 14 markets whose activities the Journal logs regularly. The chances are even better that he lives in that vast community to which Journal President Bernard Kilgore has staked a grandiloquent claim: "Everyone who is engaged in making a living or is interested in how other people...
...Journal's success story parallels the prodigious post-Depression growth of the business community, where stocks and bonds traded on the New York Stock Exchange alone are worth some $382 billion today, v. $96 billion just two decades ago. Its high status is a far cry from its humble and parochial birth. Brainchild of three young men named Charles H. Dow, Edward D. Jones and Charles M. Bergstresser, who had made a modest mark by peddling financial news to customers around Wall Street, the Journal was conceived as a stock-market chronicle in 1889. When Dow. Jones...
...Chicago federal court, the most important legal decision affecting U.S. business this year-and perhaps for years to come-was handed down last week by snow-mustached Judge Walter Jacob LaBuy. Framing the terms for the long-awaited divorce of Du Pont from its 23% control of General Motors stock, Judge LaBuy ruled that Du Pont may keep its 63 million shares (market value: $3.5 billion), but must give up its voting rights...
...stock market, which has drifted steadily lower for seven weeks, last week apparently found bottom. In two days stocks bounded up 16.40 points to 632.85 on the Dow-Jones industrial index, the biggest increase in seven months. The slide had not been caused by heavy selling but by a lack of buyers; volume had been thin. Many a broker guessed that the 615-to-620 level, where the market had found strong support last week, may turn out to be a firm bottom from which the market will rise to new peaks...