Word: marketed
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Dates: during 1960-1969
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...Market Survey. In Detroit, sentenced to 30 days in jail for stealing a $5 rock-'n'-roll disk from a record shop, Earl Pearson explained: "I lifted a classical record from that same shop a couple of days ago. But I couldn't sell it on Skid Row. Everybody wanted rock 'n' roll...
After he retired in 1948, Stillings' hotel room grew more cluttered with company reports and market letters. Every so often he rode to New York on his lifetime train pass to visit his broker; sometimes he traveled all the way to Florida to look at real estate. And ten years ago the University of New Hampshire, where Stillings graduated in 1900, got an idea of what the old alumnus was up to. He gave the university a small scholarship fund of $200 a year for one student "of good scholastic ability, sound character and unquestioned loyalty...
...stock market drifted lower over five of the past seven weeks, traders waited for the "selling climax" that would clear out the timid at one swoop, lay the groundwork for an advance. Last week the climax came. Sliding to its lowest point in ten months, the market suddenly plunged lower; selling was heavy, the tape ran minutes late on the downside, and the Dow-Jones industrial average gave up six points in less than two hours. Then, just as suddenly, the market turned about and headed upward in a broad and spirited rally. It continued to rally for the rest...
...everyone agreed with that estimate, but the feeling was widespread that the week's events had left the market stronger. Even the Dow theorists, a small but vocal group of analysts who were beginning to look for a bear market, saw signs of encouragement. According to the Dow theory, if the industrials break through their recent low, followed by the rails going through their last low, a bear market has started. Last week the industrials plunged through their low of Sept. 22, and the theorists suspensefully watched the rails slide down. The rails got right down to their fall...
What had cleared the air was the fact that the stock market appeared to be taking a new look at such key business developments as the tapering of steel production and the slow buildup in inventories. Investors were reassessing these developments for what they are: not signs of a recession but signs of a spreadout in industrial activity that should lengthen the overall uptrend of the economy. Most Wall Streeters now do not believe that there will be a recession in 1961. As for the market, it may well take a breather until first-quarter reports. They are expected...