Word: archaicism
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Securities trading became one of the greatest growth industries. On the Big Board, the year's volume jumped 20% to a tape-taxing record of nearly 3 billion shares. The torrent swamped securities-delivery channels, spurring belated efforts to computerize archaic clerical procedures. All the trading also lifted Wall Street profits to a level that even Big Board officials consider embarrassing. Brokerage commissions reached about $5 billion, and some top customers' men earned as much as $500,000 each. Prodded by the Securities and Exchange Commission, the New York Stock Exchange cut commissions by 7% on orders...
When musicologists of the future start rummaging through the LP artifacts of the '60s, they will be able to discern several distinct phases in the stylistic evolution of the Beatles. Rubber Soul (1966) was the last album of their archaic period, blending the best kind of rock naivete with a mastery of simple forms. Sgt. Pepper (1967) represents the Beatles at their classic moment, fusing the pop spirit and an astoundingly eclectic range of sounds into a harrowing but harmonious whole. Their double-disk album called simply The Beatles, which has just been released in the U.S.,* may well...
...says Denis O'Sullivan, a vice president of the New York printing firm of B. R. Doerfler, which turns out menus for 625 different restaurants. "It should be a front-line salesman." Bold typography, two-color art work, odd shapes (a coffee mug, the state of Texas), and archaic or arcane spellings ("Chef's Sallet," "Stake wyth Asparagus," "Colde Lobfter") all provoke the diner's eye into paying attention to the day's specials. The most honest and sardonic sell of all is practiced by the Brookline, Mass., delicatessen of Jack & Marion's. Several...
Through an extra lot of smiling and a great deal of sympathy for a tale of a Harvard rejection I managed an invitation to luncheon at a Secret Society--like a Harvard Final Club but even crustier and more archaic. The Secret Societies are so secret that visitors are not even permitted inside the huge, windowless stone "tombs" that house them, and we had our lunch on the fourth floor of a nearby University administration building...
...President noted in his proclamation, "the endurance and stability of our democracy, as we prepare once more for an orderly transition of authority." The country avoided extremism and the constitutional crisis of a deadlock in the Electoral College. Despite apathy, the U.S. may now be spurred to reform the archaic laws that could permit such a crisis to develop in a future election...