Word: account
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Dates: during 1960-1969
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...person. Remember those dry newspaper stories of last June, the ones that told you over and over again that Goldwater had picked up 25 delegates in North Carolina, that Montana had given him 14 more and Louisiana 19? You won't recognize them when you read White's account of how Luke Williams, the man who invented the little signs that flash the time and the temperature, organized Goldwater's campaign in Washington. Remember reading thousands of little charts on the organization of the American economy in Ec 101? Throw them out; read White's four-page description...
...other hand, Americans have traditionally been sound risks, even during the Depression. Today's rate of installment delinquencies is small (1.58%). Besides, figures on failures can be misleading unless they also take account of the changes in the quality of American life. Consumer credit is expanding not only because people are borrowing more, but also because more people are borrowing-as an increasing number of Americans rise to the affluent middle and upper-middle classes. A generation or two ago, the average American family made regular payments for rent, streetcar fares, laundry service, blocks of ice and movie tickets...
...Variety, while the New York Times intoned, THE THEATER TODAY: NO PLACE FOR DRAMA. In 52 attempts, 36 shows flopped, ten got into the black, and six are still struggling. Financially, of the $8,097,040 invested, $5,742,863 went down the drain, which does not take into account the six productions financed at $1,156,854 that died before reaching Broadway...
...past few weeks, Wall Streeters have centered much of their speculation on those powerful but somewhat shadowy giants, the institutional investors. The institutions have become so wealthy that their assets now bulge above $600 billion, nearly as much as the U.S.'s gross national product; they currently account for close to one-third of the $60 billion-a-year trading on the New York Stock Exchange. Clearly their decisions to buy or sell have a powerful impact on which way the market goes. Lately these large investors have been holding back their money from the market, thus helping...
...production this year will reach a record 102 million barrels-but only a quarter as many breweries are making it. In 1934 there were 752; today only 190 breweries are in business, and many of them have a future about as flat as stale beer. The ten biggest brewers account for 55% of sales, and another 30% belongs to such strong and modern regional brewers as National of Baltimore, Pearl of San Antonio, Schmidt of Philadelphia and Olympia of Washington State. The big marketing battle is between the regionals and the nationals that have set up regional plants to compete...