Word: webber
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...experts who originally expected the market to establish a floor at the 450 level only to see it tumble another ten points thought that it might slip as far as 430 on the average before starting back up. Said Harry Comer, market analyst for Wall Street's Paine, Webber, Jackson & Curtis: "Last week's unloading was not yet the old-fashioned selling climax which paves the way for a subsequent rise...
...evening ball game. Eight (Henry Fonda) is a mild-mannered, intelligent architect. Nine (Joseph Sweeney) is a cranky old pensioner, but smart. Ten (Ed Begley) runs a string of garages and spits like a battery syringe whenever the subject of race comes up. Twelve (Robert Webber) is an adman who can't distinguish the truth from a slogan...
...first days of 1957, almost every Wall Street commentator was warning investors to beware the averages this year; playing them would not pay. Blue-chip prices are now so high that the Dow-Jones 30 industrials yield only 4.55% v. a yield of 4.29% for 40 bonds. Said Paine, Webber's topflight Analyst Luttrell Maclin: "The Dow-Jones is a mathematical monstrosity. It's the weakest kind of a crutch for the investor...
...Albert Tompane, a leading U.S. Steel stock specialist: "Money has been tight all summer. People haven't got excess funds. The bull market is leveling off, but we're not in a bear market, and the economy is as sound as ever." To Paine, Webber's Luttrell Maclin. the "election of the Democrats would not be catastrophic, or even necessarily bearish." His explanation of the slide: "The market was just too high. General Motors and Du Pont, for instance, reached their high a year ago, and they've been going down ever since." Walston...
...original provisions in the Union charter was that the seminary should be subjected to all the pressures of city life. Today, this means exposure to slums and subways, to politics, raucousness and muggers, as well as to lectures on theology. Union, explains Dean of Students Bill Webber, wants its students to be shocked into asking: "What can the Gospel have to say to this incredibly pagan city?" And then it wants them to sit down and figure out the answer...