Word: walls
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Dates: during 1950-1959
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...annual features of TIME'S news coverage is the Year-End Review, in which the editors scan the U.S. economy for the year just past, and present a forecast for the year ahead. Over the last decade nothing has loomed larger in the financial news than Wall Street's bull, long a symbol of a rising stock market. But to TIME'S editors the bull does not mean Wall Street alone. He is also a symbol of the power of the U.S. economy. In the past ten years TIME'S readers have seen five bulls...
Newsmagazine sales rose by 40%, and vendors found they were selling out income tax guides, the Hobo News, and paperbound books from James M. Cain to Stendhal. Subscribers to the Wall Street Journal angrily reported that their copies were being stolen from in front of their office doors. No New Yorkers were more dismayed by the strike than the numbers-game players: the payoff number is currently derived from the total mutuel take at Maryland's Pimlico race course, a figure that conveniently is carried by the daily press...
Sadly enough, many of Giotto's paintings have been lost or mutilated. Some have been plastered over; others "improved" by latter-day restorers. But last week a few were being rediscovered in Florence. An inner wall of the Badia church had been chipped away to reveal traces of a Giotto Annunciation mentioned by Vasari. At the Santa Croce, centuries of overpainting have been successfully peeled away from Giotto's still astonishingly fresh depictions of the lives of Saint Francis of Assisi, John the Baptist and John the Apostle. On another wall, plaster was painstakingly peeled away to reveal...
...Wall Street is well aware of electronics' rapid growth, pays as much as 40 and 50 times earnings for what it calls "Buck Rogers stocks." Eager buyers this year boosted Texas Instruments from 26¾ to 86, Raytheon from 22 to 62⅝, Fairchild Camera from 18⅞ to 64¾, General Transistor from 17 to 51. But to many Wall Streeters, even such high prices seem cheap when sales and earnings are zooming. Explains one broker: "Current earnings are already past history. If you want to participate in growth, you have...
...trained more than 1,000 salesmen to preach investment, ordered booths set up at country fairs and in railroad stations to popularize stocks, insisted that ads and booklets be written by non-Wall Street people to get away from financial jargon. His nose for investment was spectacular: his five sons are millionaires today because of portfolios Magowan set up and managed for them...