Word: walls
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Dates: during 1970-1979
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...little guy is still highly cautious. Small investors are sitting anxiously on their cash until it becomes clearer that Wall Street's buying panic is more than just a flash. But this has done nothing to stem the three-week-old rally as foreign investors continue to join large U.S. institutions in leaping on the bull...
...surge has been fueled by the accelerated foreign buying. One New York banker remarks: "Overseas buying early last week was a wave not to be believed." The main interest is coming from West Germany, where institutions and private investors have been seeking a double killing on low Wall Street prices and the cheap U.S. dollar. Merrill Lynch reports doing good business for private Arab investors from Abu Dhabi and Dubai. Britain's Prudential Assurance Co. has been a buyer in the U.S. market...
...large backlog of orders. As for Kodak last year, says President Colby H Chandler: "We sold more than 2 million Handles−all we could make." But much of the company's gain in instants was made at the expense of its conventional camera lines. One top Wall Street analyst reckons that instant sales jumped by 58% last year, while conventional camera sales dropped by 14%. Sales of Kodak conventional cameras were down, but the company will not say how much...
...best new museum building in America−the Kimbell Art Museum in Fort Worth, opened in 1972. Kahn accepted the job and designed a four-story box, dedicated to light: a building without gimmicks or stylistic narcissism, low-keyed but explicit, whose pale concrete, blond wood and natural linen wall coverings provided a strictly subordinate background to the paintings. (The architect never lived to see it finished; he died in 1974.) This unpretentious exactness of taste was much in keeping with Mellon's general style of philanthropy: the ambition being, a phrase often heard by the curators and museum...
Though Bunny will not say precisely what constitutes Paul's Hyde-like side, she will say that whatever she does not like about him she attributes to the influence of Stoddard Stevens, an 86-year-old Wall Street lawyer who is still Paul's chief financial adviser. "Stoddard Stevens took away a good deal of the poetry from my husband's life," Bunny says. "He came along when my husband needed a father figure, and that's what...