Word: stocking
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1960
Sort By: most recent first
(reverse)
...businessmen last week anxiously looked for signs of a fall upsurge, there were few sights to cheer them. Stock buyers took such a doleful view that the Dow-Jones industrial average suffered an 8.58-point drop to 612.27-its sharpest one-day decline in more than six months -before steadying and rising at week's end. Best news came from retailers helped by record sales of back-to-school clothing and heavy traffic in auto supplies and small appliances. Sears, Roebuck & Co. and Spiegel both reported that August sales soared to alltime peaks for that month. Though the auto...
...opening of the market on the next trading day, the flood of orders to buy was so great and sellers so few that longtime Specialist John Coleman of Adler. Coleman & Co. (TIME, July n), the man responsible for keeping the market orderly in TelAutograph, did not open the stock all day. Coleman and Stock Exchange officials thought the demand was based on questionable information, wanted more time to get all the facts. Next day Coleman finally opened the stock one minute before the close at 24, up 5/½ over the previous close...
...stock of Comptometer, which had also been rising, soared after Vice President Peter G. Mero announced that the company is the only one that produces a telewriting device that has been tested and found suitable for use over the tele phone. The specialists could not open trading in it the next day because of a preponderance of buy orders. When it opened the day after, it jumped 6 points...
...Securities and Exchange Commission began investigating; the Stock Exchange demanded a complete explanation from both companies. TelAutograph President Lee, 50, who owns 42,000 shares of stock, gave an explanation that was a lot different from his earlier statement. He said his statement was not meant to con vey the idea that TelAutograph was the only company with equipment suitable for A.T.& T., added that the company had merely set a date to talk with A.T.& T. about testing telewriting equipment. Furthermore, for this year TelAutograph will show a small loss...
...precision through the backgrounds and bankbooks of the five-generation descendants of one Julius Millinder. a tough-minded merchant who just happened to put together a $100 million fortune after the Civil War. Nothing the author finds suggests that the Millinder clan is worth the trouble. After Julius, the stock began to go to seed. One granddaughter marries a French prince-but not for love. A grandson is cuckolded, a nephew turns embezzler, a granddaughter settles down with an English earl whose major talent is a firm grasp for ladies' behinds...