Word: argus
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...fact that may reshape the market for companies that cashed in on rock records and teen clothing during the 1960s. The sub-teen population (ages five through twelve) will actually shrink, cutting into the demand for breakfast cereals, some soft drinks, toys and bicycles. Says Argus Research Corp. Economist Sam Nakagama: "American families can now spend money on themselves instead of their kids, getting rid of a great burden on family budgets." A burden will be lifted from state and local taxpayers too. Elementary school population is expected to decline until 1975 and remain below its present level even...
President Nixon's expansionary budget has convinced many Wall Streeters that the Government will revive the economy and that inflation will continue at a relatively high rate. Manhattan's Argus Research, which had an excellent forecasting record last year, predicts that pretax profits this year will jump 15% to 18% above 1970. Another bullish factor is the dramatic decline of interest rates. The yield on high-quality corporate bonds has dropped from a 1970 peak of 9.4% to 6.9%, a return that many money managers believe can be bettered in stocks...
...proof that McGovern is serving "outside interests," Gubbrud takes out large advertisements in the Sioux Falls Argus-Leader documenting contributions to the McGovern campaign from such "outsiders" as the United Auto Workers Committee on Good Government...
...Smith is slim, white-haired, countrified in speech, friendly in manner. He publishes the tiny (circ. 2,000) weekly Argus in the midstate town (pop. 7,400) of Robinson. He golfs and fishes, is a Rotarian and a former statewide vice president of the Elks. Fascinated newsmen describe him as the healer who wound up as Illinois Republican chairman in 1960 because, in a party ripped and bloodied with faction, "he was the only man nobody...
...fishermen, Ernest Hemingway's The Old Man and the Sea may be just another fish story. Not to Robert Clarke, 58, a civil engineer for whom a pleasant afternoon of trolling off Argus Bank, Bermuda, recently turned into a Hemingwayesque adventure. It was 4:45 when Skipper Russell Young of the charter boat Sea Wolfe hollered "Strike!" as a reel, loaded with 800 yds. of 30-lb.-test monofilament line, began to sing. Clarke grabbed the rod, set the hook, and gaped with astonishment as a monstrous blue marlin leaped clear of the water. "My God," breathed Young...