Word: breathers
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Dates: during 1960-1969
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...year is divided into three semesters instead of the standard two. Each semester runs 15 weeks: September through the middle of December, January through the second week in April, the last week of April through the first week of August. Students in the plan get a month's breather after the third semes ter, then start in again. Students and teachers both may take either two or three semesters each year. If they choose three, students can finish college, go on to graduate school and embark on a profession while they are still quite young. As for the teachers...
...what they are: not signs of a recession but signs of a spreadout in industrial activity that should lengthen the overall uptrend of the economy. Most Wall Streeters now do not believe that there will be a recession in 1961. As for the market, it may well take a breather until first-quarter reports. They are expected to be good, give stocks a new upward push...