Word: stockly
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Better to Advance." Lying 250 miles east of the African mainland, larger than France and Belgium combined, Madagascar had a highly developed form of law and government before the Europeans ever got a foothold there. Its people are not African, being predominantly of Malayo-Polynesian stock. Nor are its plants and animal life. Madagascar is the home of the wide-eyed lemur, of some 800 known varieties of butterflies, nearly 300 kinds of birds, half of which are found nowhere else. It is also the home of the once proud Merina tribe, which conquered the island...
Wall Street last week made some history and some hysteria. On the opening day of trading on the New York Stock Exchange, industrials continued their rise to record highs, and utilities touched their highest since Sept. 23, 1930; three times the tape fell behind. Next day the market turned right around and headed down, falling 4.23 points on the Dow-Jones industrial average. Not since President Eisenhower's heart attack in September 1955 had the market seen such heavy trading. As 5,110,000 shares changed hands, the tape fell behind seven times, once as much as 15 minutes...
Shortly after the market closed, the Federal Reserve Board raised margin requirements from 70% to 90% (buyers must put up 90% cash on their stock purchases), the highest requirement in eleven years. The Fed said it was alarmed by the rise in public borrowing to buy securities (which reached a record $4.3 billion in September), wanted to protect the public from getting in too deep. Actually, the public, i.e., small investors, has been getting out of the market since June...
...suggestion by Winthrop D. Thies 3L to substitute a three-dollar deposit for the present yearly payment will probably be acted upon by Coop stock-holders at the meeting Nov. 7, Morrill said...
...West Germany's eight independent stock exchanges, led by Düsseldorf, the bullishness neared 1955 levels. A year ago the index of share prices on the exchanges was 192. It hit 227 in June, has since soared to 277, rose five points in the first week of October. Chief reason: a shortage of stock because many companies have been using profits to expand rather than raise capital by new stock issues. The rise has brought in more foreign buyers, stirred Germany's first crop of small investors through new mutual funds whose business is booming...