Word: stockly
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Dates: during 1950-1959
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...dreamy assortment of private-eye equipment-long-lens camera, wiretap recorder, pocket mikes, etc.-to sleuth on any citizen suspected of disagreeing with white-supremacy dogma. Finding Georgia too small for his ambition, he got authority to spend taxpayer money publicizing racial conditions all over the U.S. Hammering his stock line that integration of the races is a Communist plot, Williams felt free...
...been an institution: sober, solid and solvent. The Times and Star were merged in 1880 by Charles Phelps Taft, half brother of William Howard Taft. In the 1930s and '40s, the ruggedly Republican afternoon daily vigorously backed Senator Robert A. Taft (who inherited a 5% share of the stock), reportedly earned as much as $1,000,000 a year. Through World War II, the Times-Star generally outhustled Scripps-Howard's competing afternoon Post...
...some Wall Streeters, the rise was a little too fast for comfort; they argued that no earnings anywhere in sight can justify present stock prices. But with the end of the recession coinciding with a foreign crisis, a lot of investors apparently felt that means either " 1) a rising peacetime economy, or 2) business stimulated by war scares, both of which mean increased inflation...
...stock market's response to the Middle East crisis demonstrated what a powerful teacher history can be. At the first emotional scare headlines, the big international oils dropped and, as expected, carried the market down with them. Dow-Jones industrials tumbled 5.96 points in a single session, the biggest sell-off of the year. Then investors paused-and realized that panic is always unprofitable. As in the Suez crisis and other flareups, they turned their attentions to shares that might benefit from a harder U.S. stand. In buying surges that frequently left the ticker behind, investors sent industrials...
...year; Crucible Steel, one of the most active, rose 4¼ points to 24. The few groups that did not benefit from Wall Street's afterthoughts on Lebanon and Iraq were defensive issues such as tobaccos and foods, which have been recession favorites. As investors switched to "hardware" stocks, Lorillard dropped 3½ to 67¼; General Foods slid 1¼ to 62¾. "A whole new set of uncertainties now faces us," said John W. Finley, vice president of Blair & Co. "A stock like Lorillard would really be hurt by an excess profits tax, because such...