Word: stocking
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Dates: during 1960-1960
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...similar Christmas-shopping sprees across the land, art-conscious Americans cleaned out nearly a fifth of the stock during the first five hours of the University of Chicago Renaissance Society exhibit (its title: "Contemporary Art for Young Collectors"), bought $22,000 worth of art from the St. Louis City Art Museum. Manhattan's Galerie Felix Vercel summed up the nationwide trend by advertising a show of "Big Names in Small Sizes." The names were indeed big - Pissaro and Utrillo - and the pastels were indeed small; the prices were...
LAWSUIT THREAT against TWA finally forced Howard Hughes to turn over control, of his 78% of TWA stock to a banking and insurance-company trust. In return, he got loans totaling $165 million to pay for 20 Convair 880 jets. TWA will raise an additional $100 million through a public issue to buy 17 Boeing 707 jets now leased from the Hughes Tool...
Christmas came 13 days early for anyone in Cambridge selling cold-weather clothing. With barely a fifth of the staff on the job, the Coop disposed of about 400 pairs of galoshes before running out. Shivering customers also bought up the entire stock of gloves, earmuffs, and caps. At Brine's sporting goods store, students purchased over $600 worth of Head skis before...
...little girls who will cradle them to Aurora's 1960-model electric-powered cars. Scaled down to 2 in. in length, the cars can be raced around a miniature track, need a deft touch on the controls to keep them from flipping over. Gilbert makes a bigger, stock-car racing set. Sales of multi-detailed plastic hobby kits are burgeoning, enable boys and girls to produce in miniature everything from auto engines to a transparent Visible Woman, complete with interchangeable parts for pregnancy...
Viewing the week's preponderantly bearish news, the stock market adopted the wait-and-see attitude of most businessmen. After a post-election surge, it dropped off slowly during the week, rallied at week's end to 596 on the Dow-Jones industrial average, down 10.47 points for the week. The big question now is whether the market will stage the traditional year-end rally that it has missed only twice in the last decade...