Word: charting
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Dates: during 1960-1969
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...illusion that Tony is just an ordinary bloke. After 16 days of laborious climbing in a forest of family trees, Debrett's Assistant Editor Patrick Montague-Smith proclaimed that Armstrong-Jones is not only of royal blood but also a very distant kinsman of Margaret. In a complex chart, Montague-Smith submitted proof that Tony is 22nd in descent from King Edward I's daughter Elizabeth* Moreover, a medieval lord of Harlech was a mutual ancestor of both Tony and Margaret. Exulted Tree Tracer Montague-Smith: "A thrilling discovery! The relationship between Princess Margaret and Mr. Armstrong-Jones...
...rise. The Commerce Department's survey of capital spending showed outlays rising 14% above last year's to a total $37 billion during 1960. By the fourth quarter, spending for new plants and equipment will be at the record annual rate of $38.5 billion (see chart...
...Jones & Co. in 1882. The Dow Theory holds that when the Dow-Jones industrial average breaks through its previous low and is confirmed by the rail average penetrating its previous low, Wall Street is in the grip of a bear market. Both averages did just that last week (see chart), and the industrials closed the week at 609.79, off 22.21 for the week, although the loss was pared at week's end by a spirited rally...
Depression v. Stability. Checking back over 50 years, Economist Knowles worked out the G.N.P. figures to constant 1954 prices and plotted them against a potential G.N.P. (see chart), estimated from the growth of the labor force, average man-hours of work, the nation's total investment in plant and equipment. He found that only in times of great boom has the U.S. achieved the top limits of the growth potential. During the Depression of the 1930s, the spread between the actual G.N.P. and the potential was so wide that it took the U.S. until the middle of World...
...standard of living close to 25% during the next decade. So the Labor Department predicted this week in a major new study of U.S. manpower. The nation can also increase the production of goods and services at least 45% to a gross national product of $731.7 billion (see chart) and may reach $750 billion. But achieving a three-quarters of a trillion dollar economy by 1970, said Secretary of Labor James P. Mitchell, hinges on the nation's ability to handle the startling changes that will take place in the U.S. labor force between...