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...Merrill Lynch has a hand in 12% of the round-lot (100 shares or more) and 20% of the odd-lot (less than 100 shares) transactions. Its capital totals $148.2 million, almost three times that of its nearest competitor, Bache & Co. The vaults in Merrill Lynch's headquarters on Pine Street (two blocks from Wall) contain $13 billion in negotiable securities. In all its transactions last year, the big brokerage house grossed $228 million for a net profit of $30.8 million. More than ever, it fits the name that Wall Streeters in awe and envy bestowed long ago: "The Thundering...
...WIDE WORLD OF SPORTS (ABC, 5-6:30 p.m.). The Masters' Water-Ski Championship at Pine Mountain, Ga., and the National Motorcycle Race of Champions at Winchester...
Like Ballpark Hot Dogs. Last week the old spa took on a fresh eminence with the opening of the Saratoga Per forming Arts Center, the most impres sive of the many new U.S. summer theaters. Nestled in a pine-fringed hollow, the center will be the summer residence of George Balanchine's New York City Ballet and Eugene Ormandy's Philadelphia Orchestra. The theater itself, designed by Manhattan's Vollmer Associates, is one of the world's largest, seating up to 5,100 inside and another 7,000 outside. People who perch on the upward-sloping...
Save for the road signs and the scrawny pine trees lining the road, the men who took up lames Meredith's protest march (TIME, June 17) could have been anywhere but in Mississippi. State highway patrolmen - from the same force that had walked off the job as mobs howled their hatred for Meredith at the University of Mississippi in 1962 - hovered around like mother hens; highway crews even mowed the high grass on the road shoulders to smooth the marchers' path. For veteran civil rights demonstrators, the atmosphere could hardly have seemed more unreal if the Ku Klux...
...book contains fifteen public speeches which demonstrate conclusively how bad a public speaker Faulkner was. I am convinced that the girls in the graduating class of Pine Manor J.C. in 1953 can scarcely recall today Faulkner's extended metaphysical diatribe on God and the Devil. Aside from his widely-celebrated speech upon acceptance of the Nobel Prize and his speeches at the University of Virginia (already collected in Faulkner in the University), the speeches are too brief and dull for publication...