Word: hoarding
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Dates: during 1950-1959
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...Marshall Field with generous stock-option plans, and he gave employee morale a quick boost by putting in a new pension plan. He reorganized Ward's management structure, bolstered confidence by delegating authority, scrapped Sewell Avery's outlandish rules. He began to change Ward's cash hoard into merchandising strength in 1955, since then has redecorated nearly 376 of the company's 566 stores, air-conditioned 73 of them, opened more than 296 new catalogue stores in growing areas. To increase volume quickly, he bought control of four independent stores in the Chicago area, opened some...
HARVARD: In spite of the injuries sustained Saturday, the Crimson is deep enough to do battle for a full season. More than any other team, the varsity will grow stronger as the talented sophomore hoard gains experience. The momentum built up in two non-Ivy games will carry through Cornell and Columbia, and an upset over Dartmouth--which will come off a tough B.C. game as it came off Holy Cross last year--may get to be the rule...
...next three years, Quincy devoted himself to his practice, his wife, and his studies. The Puritan Ethic did not permit idle time; Quincy's dairy is replete wtih statements such as, "I resolve, therefore, in future to be more circumspect--to hoard my moments with a more thrifty spirit--to listen less to the suggestions of indolence, and so quicken that spirit of intellectual improvement to which I devote my life." In addition to copious readings in the classics, he spent a great deal of time learning French, studying botany, keeping an extensive diary, and attending to affairs legal...
...Stockholm a much more impressive haul from China sat in a customs shed. It was a treasure hoard picked up in Peking by Nils Nessim, 43, a Swedish carpet dealer and importer. On a previous trip to Red China last year he had bought only modern carpets, ivory and porcelain. This time, taken down winding Peking streets to out-of-the-way antique shops, Nessim said he had stumbled onto a marvelous bronze figure of a six-armed, three-faced god crowned with a headdress of flames, excitedly asked if he might buy it. Told that he might, Nessim realized...
...with other institutional buyers, have needled the roaring bull market to artificial highs, that their constant buying, chiefly of blue chips, has helped create the present shortage of stocks. The funds' answer: they hold only 3.4% of all stock on the New York Stock Exchange, and do not hoard it; they turn their shares over faster than the exchange as a whole...