Word: annually
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Dates: during 1960-1969
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That's the implication of the annual report by Harvey Brooks, dean of Engineering and Applied Physics, issued this week...
Excerpts from a paper, delivered by Thomas C. Schelling, professor of Economics, at the Association for the Advancement of Science's recent annual meeting, are printed below. These sections, constituting about a third of the entire paper, are his introduction and his concluding remarks. Intervening sections dealt with market organization, incentives, and various other practices of underworld crime...
...lesson is plain. Competition for land around the Library is going to be fierce. Moreover, the annual influx of tourists will undoubtedly stimulate development. New construction could bring a series of unsightly, uncoordinated, and unwanted buildings. Accommodating this large number of visitors is necessary; abandoning the place to them is not. Clearly, the City needs some means of regulating the real estate pressures now being exerted on the Square...
Until the Federal Reserve's September notice, loans to business had risen at an annual rate of 20%, thereby aggravating inflationary pressures. Since that time, the loans have dropped to a more sustainable increase of 7%, and the bond market, which had been disrupted because the banks were cashing in, is recovering. Money will remain very scarce despite the board's action last week, but it is a signal that the Federal Reserve's concern about the dangers of inflation is now balanced by its recognition of the downturn hazards for the economy if money is kept...
...Parke, Davis & Co., whose annual drug sales have more than doubled (to $240 million) over the past 15 years, hardly needs any drastic changes, but it now seems certain to get a transfusion of sorts. Last week the company named a Canadian-born physician, Dr. Austin Smith, 54, as chairman and chief executive officer, succeeding Supersalesman Harry J. Loynd, 68. No black-bag-carrying doctor, Smith received his postgraduate degree in medicine in 1940, went straight to the staff of the American Medical Association. In 1959 he became president of the American Pharmaceutical Association, in which capacity he vigorously defended...