Word: wall
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Dates: during 1950-1959
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...dancing and investing in the stock market alike? Wall Street may not think so, but Dancer Nicholas Darvas does. To find out how he has danced his way to a fortune in stocks, see BUSINESS, Pas de Dough...
Only a year ago, almost every available inch of wall space in Algiers sang the praise of Charles de Gaulle, but last week, on the first anniversary of his being called to power, the city was in a different mood. Though 50,000 people gathered in the forum to hear speeches, they were mostly Moslems, whom the French soldiers can mobilize for shows with quiet efficiency. "Shout ' Algerie Franfaise!'" cried an officer from a psychological-warfare unit, but he got only feeble response. Behind him a captain rattled off a steady stream of orders to his men scattered...
...otherwise unavailable to all but the most determined travelers. Like all too many art books, Japan is expensive ($18), and its text contributes little or nothing to the pictures. But any one of the big (14 in. by 20 in.) color plates is worthy of a frame and a wall. Strangest picture in the book, perhaps, is a 7th century panel representing the willful martyrdom of a future Buddha. It illustrates the legend of a saintly youth who comes upon a family of starving tigers. Filled with pity, he flings himself down from the top of a cliff, offering...
...Wall Street's golden bull added still more muscle last week. Shrugging off a nip at margin accounts by the Federal Reserve (see below), the U.S. investor drove the market to still another historic high. Led by some of the nation's biggest corporations, stocks on the Dow-Jones industrial average rose to 637.04 at midweek. By the final gong at week's end, profit taking had clipped only 2.51 points from the mark to put the weekly gain at 13.17 points...
...most Wall Streeters and nearly all stockholders like splits. A split produces an optimistic psychology among investors; it seems to promise that things are going well with the company, especially when the split is accompanied by a hike in the dividend. Corporations like splits because they keep the price low, broaden the market for their securities. Many an investor would rather buy 100 shares at $15 a share than ten shares at $150. Atlantic Refining was selling at $86 and losing stockholders when it split its stock in 1952. In the following few months its list of stockholders increased...