Word: turnoveritis
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In Wall Street brokerage offices one day last week, the tape-watchers suddenly sat up and began to take close notice. U.S. Steel, a high-priced blue chip that on most trading days is only moderately active, was leading the whole list in trading. In the biggest day's...
There was another reason for the stock rise. For the first time in its history, U.S. Steel decided to split its stock-3 shares for 1-if the stockholders approve next May. By thus lowering the price of its stock, Big Steel hoped to widen the ownership, and win more...
With no more adventure ahead, it would be a dull world for physicists. But Dr. Gamow voices a small hope that they need not give up to boredom. Perhaps, he speculates, bigger & better telescopes "will show us sights that will cause a complete turnover of present ideas concerning the universe...
After praising the work of the Student Council during the year, Bender enumerates certain handicaps "which must be overcome." These include: "complete turnover in membership each year so that mistakes resulting from inexperience are likely to be repeated"; "difficulty in locating the most competent men and persuading them to serve...
For the third time in 21 years Peiping's citizens last week prepared to receive an approaching conqueror. At first their preparations were scarcely perceptible. Skaters still weaved across Nan Hai Lake, near the Forbidden City. In the adjoining park, old gentlemen taking their caged songsters for an airing...