Word: pointing
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Dates: during 1930-1939
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...Fine Arts is still showing "The Moonlight Sonata," an ocacsional en- picture built about the magnificent playing of Paderwski. That this is more of a recital than a movie is a point in its favor...
...identify the fundamental elements of matter. The iridescence of mother-of-pearl is a diffraction effect, caused by numerous tiny grooves in the smooth surface of the shell. The making of diffraction gratings is a high-precision job. It is done with a complicated ruling engine, carrying a diamond point back and forth across the plate...
...Last week his 205th interpretive letter went to 5,565 subscribers throughout the world (by air mail in the U. S.). Typically, it commented on both the primary (year-to-year) and secondary (month-to-month) trends of the market; reminded subscribers that the former ''continues to point downward." said that the latter's trend will be shown by consistent upward cr downward swings of both averages...
...last week, though the tide was still indicated as ebbing (i.e., primary movement tending downward), a 7-point rise in the industrial average since May 31 encouraged a bullish hope that ripples might top previous crests of 121 for the industrials, 23.5 for the rails, thus show the current wave to be coming in. This week's Rhea letter said that every upward zig-zag step, if confirmed by both averages, would be bullish, but a downward zigzag prior to penetration of 121 and 23.5 would mean danger...
...floor of the Exchange, SEC Chairman William O. Douglas last week sat down with a round table of Exchange members, potent Wall Street investment bankers and representatives of the big insurance companies. Ideas broached to aid the Exchange included: 1) lowering the commission charged from one-quarter of a point to the one-eighth generally charged OTC; 2) admitting big bond dealers and institutions to associate membership on the Exchange...