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...during 1954's fourth quarter; only 22% forecast a sales drop. On Wall Street, the stock market reflected the businessmen's optimism. Aircraft stocks, which have led the market with a 75% rise in the past six months, climbed higher still. Six months ago, many a trader wondered if the Dow-Jones industrial average would ever hit 300. Last week the industrials pushed up 2.87 points...

Author: /time Magazine | Title: STATE OF BUSINESS: The New Order | 8/30/1954 | See Source »

Notable example: the textile-and-banking Jafets. currently headed by Vargas-Backer Ricardo Jafet. But many a Lebanese in Brazil is simply a backhands pots-and-pans trader. Of such, Brazilians are currently singing a popular samba : Hallah, hallah, hallah, Have pity on Abdallah; Up and down the hills he trots, Carrying his sample...

Author: /time Magazine | Title: BRAZIL: Visitor from Lebanon | 5/24/1954 | See Source »

Murchison, in all likelihood, would have been a success-and probably a millionaire-no matter where he lived. The proximity to Texas oil, plus the depletion allowance, gave him a chance to pyramid his millions. He has a trader's shrewd knowledge of human beings and a gambler's quiet ability to calculate the odds. He also has a banker's cold logic and an optimist's faith in U.S. business enterprise. A little bit of all these qualities is apparent in most of his deals...

Author: /time Magazine | Title: TYCOONS: The New Athenians | 5/24/1954 | See Source »

...Gamblers & Promoters. When Richardson got out of the Army, he set himself up as a lease trader in Fort Worth. Murchison was only one day home himself when he got a call from his old friend asking him to join him. When Murchison showed up in uniform, Richardson ordered him into civvies. Said he: "If you wear that uniform when we go around to talk to people, they'll want to talk about the war. We aren't talking about anything but oil." Murchison set off for Wichita Falls, where the big play was in an extension...

Author: /time Magazine | Title: TYCOONS: The New Athenians | 5/24/1954 | See Source »

Yankee Pasha (Universal-International). "A tasty morsel," the slave trader coos, "should always be well-served." He claps his hands and some Moorish slaves drag in the beautiful white captive (Rhonda Fleming), who writhes seductively through the rents in her muslin. "I'm not one to submit with servility!" she cries, for she is a New England miss. "Such spirit amuses me," murmurs Omar, the Aga of the Janissaries (Bart Roberts), lecherously twirling his lip-tussock, and off she is hauled to his harem, there to be anointed with fragrant scents that drive the Aga gaga...

Author: /time Magazine | Title: Cinema: Harem-Scare'em | 4/12/1954 | See Source »

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