Word: investment
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Institute, even though it withheld 25 prints as "unfit for public exhibition," has received phone calls complaining, in effect, that Picasso is a dirty old man and demanding that the exhibit be removed. But what matters about "347 Gravures" is that the old master proves he can still invest a female nude with classic grace by means of a single magical line. He doesn't do it every time-but then he never...
...increasing Fiat's international reach. Not only are more Fiats going to more markets, but the company has a construction subsidiary, Impresit, active in the Middle East, and recently joined with several partners, including Lazard Frères and Jersey Standard, in a $40 million syndicate that will invest in Asian industries...
...into service almost two years ago. They have been held back by financial and technical problems. Japan, for example, spent $8 billion to build an entirely new roadbed and begin the Tokaido Line express. No entity in the U.S., least of all the railroad industry, has been willing to invest nearly that much. The Turbo-Trains have been further delayed because the New Haven's trustees have been unwilling to introduce costly new equipment until they merge their bankrupt line into a healthy company. The Penn Central was ordered by the Interstate Commerce Commission to take over...
None of Wall Street's brash young managers of "gogo" mutual funds have gone farther faster than 36-year-old Frederick S. Mates. His $32 million Mates Investment Fund has risen 153% in per-share asset value since the beginning of 1968, the highest growth rate of any fund. A onetime English teacher who learned how money talks in 13 years as a highly successful market analyst and big-account broker, Mates is truly the personification of self-confidence. On one wall of his office, he keeps a framed parody of an old Wall Street slogan: "Invest, Then Investigate...
Deeper down, inflation caused some dangerous distortions in the U.S. economy. Consumers and businessmen rushed to borrow, spend and invest, hustling to convert their cash into goods or services before the value of the dol lar declined still further. All this only stoked inflation, and led to an abnormally steep demand that may cause an abrupt contraction on some less lucky tomorrow. As usual, some of the worst victims of inflation were the poor, who had to pay more for everything and lacked either the resources or the sophistication to invest in property or paper with a rising value...