Word: boom
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Dates: during 1980-1989
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...laconic career diplomat; of cancer; in Washington, D.C. As U.S. Ambassador to South Korea (1961-64), "Silent Sam" failed in his efforts to persuade Seoul's military regime to establish democratic institutions, but succeeded spectacularly in helping to lay the groundwork for the country's industrial boom. As deputy to Ambassador Ellsworth Bunker in South Viet Nam (1968-72), he administered a policy he described as "one of buying as much time as we could" after the U.S. had abandoned its doomed attempt "to win the war with money and people instead of brains...
...astronomical heights and real estate becoming a millionaire's game, stocks are looming up as just about the only investment play still within reach of ordinary people. Says Sidney Lurie, market analyst for Josephthal & Co.: "We believe that the broad stock-price trend is upward, that the boom in collectibles is ending, and that the boom in common stock is just beginning...
Freshman Ed Gazvoda stepped into the 134-1b. slot ordinarily reserved for the recuperating Fritz Campbell, and posted two crucial victories. Gazvoda had a few tough moments with Penn's Evan Weiss, who kept the Crimson wunderkind within striking distance until Gazvoda lowered the boom with a quick second period takedown to grab...
...revenue during 1979 because of electricity thieves. Says a spokesman: "We check 100,000 meters a year and find at least 4,500 cases in which a meter has been tampered with." The company blames rising electricity rates, caused by the spiraling price of oil, for the crime boom...
Scarcely three weeks after corn, wheat and soybeans plunged on news of the U.S. ban on sale of 17 million tons of grain to the Soviet Union, cash prices of all three crops largely returned to pre-embargo levels. The reasons for the rebound are many: the boom in gold and silver has led to a general surge in commodities; war scares have fanned fears of a reduction in available world grain supplies; a 1 million-ton export order has come in from Mexico; and there are rumors of higher demand from China. Most important, traders who oversold when...