Word: boom
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Dates: during 1960-1969
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Lowering the Boom. In Paris, police launched an antinoise campaign with a new regulation for apartment dwellers: "It is forbidden to inconvenience neighbors by excessive noises from phonographs, television sets, radios, firecrackers, fireworks and gunshots...
...need for some kind of federal aid to education, most members of Congress are pretty well agreed. The crowded classrooms, decaying school buildings and swarming moppets, products of the postwar baby boom, are too inescapably evident to be ignored. The Senate passed a hefty education bill in February, and last week, at the urging of Vice President Nixon, the Administration moved toward acceptance of a Democratic-type education program, despite President Eisenhower's distaste for direct federal subsidies...
After years of a live-it-up boom, Miami Beach's hotel industry is suffering a thoroughgoing shakeout. Nor is the trouble confined to Miami Beach. Throughout Florida, restaurants and lodging places have been changing hands at the rate of one an hour. If the trend continues, reports the Florida Hotel and Restaurant Commission, about 15% of all such establishments in the state will have new owners by year...
...real boost for the vending boom has come from the improvement in coin-handling devices. Unlike the bad old days in the '30s, today's vending machine is virtually slugproof, returns money if it is empty. The biggest maker of coin-handling devices is National Rejectors, Inc., a wholly owned subsidiary of Universal Match Corp., which is controlled by Frank J. Prince. When Prince took over in 1951, sales were $10.3 million. By acquiring vending companies, Prince brought Universal Match to the forefront of the industry with sales of $72 million, earnings of $3.01 per share...
...Angeles' fast-growing Automatic Retailers Co. of America (est. 1960 sales: $35 million). ABC Vending, which began selling popcorn and candy in Manhattan movie houses, now has concessions in more than 2,750 theaters and 420 drive-in movies. It has taken advantage of the leisure-time boom, moved vending machines into sports arenas, bowling alleys and stock-car racetracks. At Squaw Valley's Olympic Games last winter ABC did $280,000 worth of business in ten days, decided to keep its snack bars in the area permanently...