Word: wall
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Dates: during 1950-1959
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...those boys have been, and not have something break," he said. "On Saturday, a couple of them got hits that would have gone over the wall at Fenway, but were caught...
...past decade Tabell has been pointing up. In 1948, when the Dow-Jones industrials were around 180 and Wall Street was expecting a drop, Tabell predicted an intermediate rise to 250, a rise to 450 by the mid-1950s. In the 1953 recession downturn, Tabell wrote that "this is the last buying opportunity" before a market rise that would "break through the 1929 top of 386 and carry to the 500-600 level by the late 1950s." In 1957 he predicted the market, then around 500, could work down to 430 (it hit 419.79). Later he noted, "The bull market...
...Wall Street has shown its faith in moviedom's future by sending stocks of producing companies steadily upward. United Artists has jumped from 15¼ to 32¼ in 15 months, Paramount from 30⅝ to 50, 20th Century-Fox from 21¾ to 43½, Warner Bros, from 16⅞ to 40. Though Standard & Poor's recently prepared an analysis warning that movie stocks are "quite speculative," it gave bullish reviews to seven of the ten companies it examined. Says a leading Wall Street movie industry analyst: "There's a great deal of skepticism...
...Price of Alaska. Why is Wall Street intrigued? Hollywood has adjusted to the threat of TV far better than anyone expected. Box-office receipts have dropped some 20% since the high of 1946, but moviemen expect attendance to level off at its present 40 million a week. Though no one knows exactly how many pictures Hollywood will produce this year, the total will probably be about 250, far below the 600 of Hollywood's heyday, but hardly the output of a dying industry. Twentieth Century-Fox says that it is "enjoying the greatest production spurt in 13 years...
Tournament of Champions (NBC, 6-7 p.m.). The windup of the high-money ($40,000) invitational golf tournament at Las Vegas, with such shooters as Masters Champion Art Wall Jr., Arnold Palmer, Gene Littler and Gary Middlecoff gunning for the green...