Word: boom
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Dates: during 1950-1959
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When the fleet set sail out of Stamford, Conn, for the 25th annual round-trip race to Martha's Vineyard, skippers blinked at the sight of Bill Luders' 39-ft. Storm: she was carrying no boom and no mainsail. But when the fleet made it back to Stamford, Luders had sailed off with the race. Storm's win dramatized the fact that in distance racing these days, victory often goes not to the fastest but to the designer who gets the mostest out of The Rule-the complex, 27-page system of handicapping spelled out in detail...
...loan requirements in industries affected by the steel strike. During the strike's early stages, the Fed delayed raising the discount rate for fear of adding to the effects of the strike on the economy. But as it became clear that the strike was not slowing the boom, the Fed began to worry over what will happen when the steel strike ends and steel users return in full force to the loan market. Many bankers think that an end to the strike, if not too long postponed, will create such a demand for money that rates may even take...
...About Mutuals. The boom in stock ownership in Britain was reflected in many a nation around the world, showed a profound change in the savings habits of people with small incomes. Before, if they saved at all, they put their money under the mattress, or in government securities or postal savings. Today, millions who once looked on stock ownership as the pastime of the rich, and stock exchanges as sinister cabals against the common man, are eagerly investing in capitalism. One of the easiest ways, as in the U.S., is through mutual funds...
Today Sir Donald would have to take another reading. Baroque is a growing fashion, so popular that chamber music groups, armed with a baroque repertory, have popped up in towns from coast to coast, and record companies are cashing in on the boom. With hi-fi to bring out the delicate riches, the companies have issued no fewer than 173 baroque chamber works this year alone. Bach and Handel get their full share and there is also a growing list of lesser Italian composers and "forgotten geniuses" for the ordinary music lover to hear and enjoy...
BING BANG BONG BOOM bee bear baboon...