Word: stockly
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Dates: during 1950-1959
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...price. New York Trust's big wholesale banking business (specializing in large industrial accounts) and its seven offices would nicely complement his own 94-office bank doing a largely retail banking business with smaller clients. Last week Helm proposed a merger, swapping 1¾ shares of Chemical Corn stock for one share of New York Trust. Directors of the New York Trust accepted the offer...
Harvard's dominant majority, however, stand firmly behind the "moderate liberalism" of both major parties. As "Northern Democrats" or "Modren Republicans," they silently support the stock solution to a growing list of problems: call on Washington. Of course, Federal action may be the best (and in some cases, the only) solution to many modern-day challenges--but this is not the point. That this stock answer and similar slogans are passively accepted by many "moderate liberals"--often without intellectual study of the economic and political implications involved for our society, but in smug and self-satisfied silence --this...
...Class of '34 lived around the Square, the Old Order's crisis deepened, and Roosevelt's New Deal burst dramatically into almost everyone's life. Politically and economically, it was an exciting era--but in Cambridge, undergraduate attention seemed to focus more on the football field than on the stock market...
Yankee Invasion. U.S. investments in Old World stocks have soared since the recent currency liberalization made it easier to repatriate profits in dollars. Heavy U.S. buying in May provided the punch that lifted such stocks as the Anglo-Dutch Unilever from $143 to $153, The Netherlands' Philips' Lamps from $158 to $176, West Germany's AEG (electrical equipment) from $83 to $91. and Bayer (chemicals) from $93 to $105. One reason for particular U.S. interest in Germany: if a foreign investor holds his West German stock for more than three months, he pays no taxes, thus...
...faced strong opposition against variable annuities from top-ranking Metropolitan Life Insurance Co., the New York Stock Exchange and mutual funds. They charged that the new policies will change the traditional insurance concept of providing a fixed return on investments. and will put insurance companies in the securities business...