Northwest Arkansas Times from Fayetteville, Arkansas on October 11, 1974 · Page 10
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 10

Fayetteville, Arkansas
Issue Date:
Friday, October 11, 1974
Page 10
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Page 10 article text (OCR)

10 · Northwest Arkansas TIMES, Friday, Oct. 11, 1974 FAVETTEVILLE, ARKANSAS Wall Street Slang Reflects Mood Of Market NEW YORK (AP) -- Words, like fortunes, are made and lost times make money, but pigs! "That's a lot of baloney, never do." Isavs broker Grimm. on Wall Street. Gone for 'now are the words of the heady years ot the past, when go-go funds were run by swingers and . gunslingers looking for smart money investments in high flyers, glam- ours, yo-yo stocks or stocks in the second tier of the Nifty Fifty. But Wall Street's penchant for creating new words, phrases and jokes seems to have ^declined with the Dow Jones industrial average this year. And about the only new phrase to come out of the Street in recent months is gloomy: double-digit inflation. "When things are easy in a big bull market, you get more humor," says Eldon Grimm, a veteran of the Street who's been around long enough to know. "Now it's hard to come by." "I don't think people have the time to think about these things." says Peter Wyckoff. author of "The Language of Wall Street." "They're just too worried." Each profession has its code words, from banking to short order cookery, and Wall Street still has at least its share. BLUE CHIPS DEMEANED Blue chips and widow-and-orphan stocks have been demeaned and war babies, defense stocks, rejected, All were caught in the claws of the most powerful bear market since the '30s. Bull and bear are the Street's best known symbols. They refer to the way a bull thrusts his head up in a fight while a bear grapples and wrestles his opponent down. From lime to time, these concepts have been related to creation of iliegal bull traps bear polls and bear raids, in which bears join forces to force down the price of a stock, only to buy it back at a profit. Also illegal are bucket shops, run by bucketteers who theoretically execute customers' orders and make money when the client loses. Painting the tape- making trades just to get a company's name on the ticker is out, but investors can still put their money in pups, cats and dogs. You can sell short or go long, straddle or swing or take a short against the box. The market can swim, oe sick, sleep, he lazy or fall out of bed. It can leave you without a shirt or taking a bath. Quick action on trading floors has created nicknames for some of the best known companies. United States Steel is Big X, from its ticker tape symbol. Bethlehem Steel is Bessie, McDonald's Corp. is Hamburger, After Six is Tux. Dome Petroleum is Dump and Buttes Oil Gas is Bingo. Like words, there are phrases and sayings. "He who sells what isn't his'n, buys it back or goes to prison," goes the one about short selling -- selling borrowed stock on the theory that you can buy it back later at a profit. "Buy on the mmor, sell on the news," is another widely followed maxim. Another favorite, common nowadays, is, "Bears sometimes make money, bulls some- In Springdale SEEBURG MUFFLER NOW OPEN HEAVY DUTY MUFFLER Installed LIFETIME GUARANTEE Being a lady, most places would have taken advantage of me. But, Seenurg Muffler gave me the best deal around, explained what had happened and guaranteed the muffler for as long as 1 owned my car. Thai's whal I call a good deal. Miss Nancy Shackelford Razorback Hall University of Arkansas FayetteviHe FAST SERVICE S E E B U R G MUFFLER Highway 71 North (at North City Limits) SPRINGDALE, ARKANSAS /ffiestiumsnf Gmde October--National Restaurant Month Tim's Pizza with Schlitz Town Country Restaurant Open 24 Hrs.--7 Days Wk. Hwy, 71 S. (Old Pancake House] fll», Aik. BB BAR-B-QUE (3 Blocks South of Ozark Theater on 71 By Pass) Dining Rooms, Carry-Out, Sandwiches We Cater Large and Small Groups, Too! Ph. 442-9674 11.9 Weekdays, 11-10 p.m. Fri-Sat.-Sun.-^Closed Tues. Closed Mon. at 3 p.m. Venesian Inn Hwy. 68 West -- Tontttown Open 4-9 (Closed Sunday) BaniAmpricarf -- Master Cfaarft aa CHICKEN HOUSE Serving The World's Finest Fried Chicken Hwy. 71 N. Sprhigdale Marty Marys COACHMAN RESTAURANT 1212 N. College Colonial Village Meet your friends at the COACHMAN RESTAURANT TUBS., thru Sat., 5 p.m. til 10 p.m. Sunday, 11 a.m. til 3 p.m. EVERY ITEM IN OUR STORE STOCK CHINESE a. del I clous . . . STEAKS SHRIMPS Open £-0:30 P.M. CTosed Sunday Monday WC6 BOWL Hlshway 11J North -- 412-2123 Bring the Family and Dine In Comfort at the Breakfast 6:30-10:30 I,unch 11:30-2:00 Dinner 5:00-9:00 BUFFET 3 kinds of meat, assorted vegetables, salads, home made pics. Restaurant Will Close 2 p.m. Sunday 2 09 \ SCOTTISH I v INNS Sears ShoeTree Tom Hendrick. .«fc» Bill Cannon -- Evelyn Hill* Shopping Center -Saturday Specials LADIES' VINYL BOOTS SALE Knee High Ankle High Special Group Infants Children's SOCKS %£ % price INFANTS BEGINNERS HIGH TOP WALKERS White Only 1 Sizes 2Vi to 8 / Reg. 7.99 to 9.99 Price HELP THE HOGS BEAT BAYLOR If you do not plan to attend the game -- B« sure to shop the Shoe Tree while the traffic is light and there is plenty of parking. OPEN ALL, DAY SATURDAY 9A.M. TO 6 P.M. DAY ONLY! Saturday, October 12 Does Not Apply to Catalog Orders, Installation or Service Work No C.O.D. Orders Please OF ANY ONE ITEM In The Sears Northwest Ark. Plaza Store Only Excluding Catalog Orders, Installation, Service Work. Tag Good Only Saturday, October 12th Only One Tag May Be Used With . Each Purchase This Coupon Cannot Be Combined With Any Of The Above Coupons.. · , . . . · · · · HERE'S HOW IT WORKS · The Coupons above can be used for only one item each. · Coupons cannot He combined in any way. · Coupons do not apply to catalog orders, service work or installation, · Tags may be used on store stock on hand only. NO SPECIAL ORDERS. SHOP AT SEARS AND SAVE Sa Usfaction Guaran teed or Your Money Back SEAHS, XOSSUCK AND CO. Shop Sears TO a.m.-9 p.mi Daily Northwest Arkansas Plaza Highway 71 between Springdale and Fayettevill*

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