Word: walls
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Dates: during 1960-1969
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...lightness and informality of both profile and spirit. In the main gallery, the viewer's eye is carried roofward by a giant Alexander Calder mobile that sways like a living totem, then diverted by a gently teetering pair of silver spears by George Rickey. Against one wall, Eva Hesse has lined up a row of 30 glistening clear fiberglass half-box forms, whose intentionally sloppy casting endows them with a bubbly effervescence. Charles Ross's Plexiglas prisms are filled with mineral oil, so that museumgoers see other museumgoers distorted through them, edged in rainbow spectra. Even marble seems...
...Wall Street, the cops-and-robbers business is getting the sort of play that once was accorded to aerospace and the Pill. The stock of Pinkerton's, Inc. (see BOOKS), the 118-year-old outfit that went public in 1967 at $23 a share, is now trading at $51. Federal Sign and Signal, a Chicago maker of police sirens, has gone from $19 to $42 in the past year. American Safety Equipment Corp., whose sales of $26.75 police helmets more than tripled in 1968, has jumped from $10 to $16. Other companies in the police market have seen their...
...Well, probably not in the sense that Matthew Arnold demanded of "high seriousness." It certainly cannot be hung on a wall or stood in an alcove. But it is gay, handsome, inventive, and it is at least as much fun to look at as most of the work in contemporary galleries. As for its authors, they are inspired by their own success. Edelmann is now thinking about animating J. R. R. Tolkien's The Lord of the Rings trilogy, with its enchanted landscapes, gnomes and elves. "Animation is an extension of painting, because it adds the element of time...
Securities trading became one of the greatest growth industries. On the Big Board, the year's volume jumped 20% to a tape-taxing record of nearly 3 billion shares. The torrent swamped securities-delivery channels, spurring belated efforts to computerize archaic clerical procedures. All the trading also lifted Wall Street profits to a level that even Big Board officials consider embarrassing. Brokerage commissions reached about $5 billion, and some top customers' men earned as much as $500,000 each. Prodded by the Securities and Exchange Commission, the New York Stock Exchange cut commissions by 7% on orders...
...protective attitude toward competition. IBM makes such profits (last year it earned $651 million after taxes on revenues of $5.3 billion) that it could trim prices and still do well. But IBM knows only too well that a general computer price cut might drive some smaller competitors to the wall. IBM is also sensitive about its size, and about the fact that the Justice Department has long had it under examination. Beginning in January, Tom Watson's new general counsel and vice president will be Nicholas Katzenbach, former U.S. Attorney General. Another vice president is Burke Marshall, former...