Word: stocking
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Dates: during 1960-1960
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Derounian was talking about royalties and the manner in which Clark, the committee charges, in less than three years earned $167,570 in salary. $409.020 in stock gains. As Clark told it, people were always trying to force money on him. and he had a hard time pushing it away. In one near deal, an old pal named Bernard Lowe came to Clark with a newborn song called Butterfly and an offer to assign 25% of the publisher's royalties to Click Corp.. one of Clark's publishing outfits. "I pointed out that this was unnecessary," Clark...
...from Jews who fled Palestine when the First Temple was destroyed in 586 B.C. For the most part oppressed economically and socially and isolated in desert ghettos, the Yemenite Jews stubbornly cherished their traditional culture. With mixed marriages banned, they bred one of the purest surviving strains of Jewish stock...
...first-quarter reports from some 400 of the biggest U.S. companies in by last week, earnings on the average were up 6%. Seldom had there been so much discontent with good news, or such readiness to emphasize the weak spots. On the day Big Steel announced its gains, its stock dropped 1½ to hit a new 1960 low. A day later, General Motors reported first-quarter sales of $3.657,972,071, a record for any quarter in its history, with profits of $324 million. But G.M. stock only held even, dropped ¼ by week's end. After American...
...stock market was suffering the pangs of disappointment and uncertainty, and waited for a sure sign of the economy's course. Monthly trading on the New York Stock Exchange slacked until volume hit an eight-month low. Despite sporadic rallies, each day the market closed lower than the day before. At week's end the Dow-Jones industrial average was off 14.72 points, closed at 601.70, only a shade above the year's low point...
...deeply into the Group's markets. At first it financed most of its expansion from its own earnings and resources, but turned to world markets as it grew bigger to make it easier to raise cash. Not until 1954 was the Group listed on the New York Stock Exchange...