Word: chips
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...rate, U.S. Ambassador Charles E. Bohlen certainly thought so. When D'Astier suggested that the North Vietnamese protect themselves against bombing by staking out American prisoners as hostages near factories and villages, Chip Bohlen blew his stack. At a half-hour meeting last week with French Minister of State Louis Joxe, Bohlen protested D'Astier's use of French government transmitters for his "virulent attack." The French shrugged away the complaint, insisting that TV producers were free to present the news as they...
...Seeking a degree of certainty, many investors have taken their money out of the market and put it into fixed-interest bonds which, largely because of the Federal Reserve Board's tight-money policy, are offering the highest rates in decades. Chief victims of this trend are the blue-chip stocks, eminently reliable but yielding relatively low returns. "Why," asks Atlanta Broker M. E. Ellinger, "should an investor put money in the stock market and get a return from A. T. & T. at 3˝% when he can buy Trust Co. of Georgia savings certificates at 5%?" As a result...
They were fed cheese from at least two continents and two punches -- a claret and a sauterne. The crackers were straight from Cahaly's (Ritz, mainly, and a mutant potato chip or two); the dip was no-nonsense mayonaise, made aristocratic with parsely...
...whether they want to become a republic. With the East Indian population growing far faster than the Negro segment-and thus producing more voters every year-Jagan hopes by election time to have the added racial support he needs to beat Burnham. Burnham's only hope is to chip away at the old color blocs and broaden his following. He is confident he can, but only the next election will tell...
...tapping Eurodollars, American industry can expand abroad without adding to the nation's troublesome balance-of-payments deficit. To do so, of course, even blue-chip firms must pay Europe's soaring interest rates, which lately have gone to 6½% to 7%. The climb has been so swift, in fact, that at least nine of the last 24 U.S. corporate issues were selling below their offering price last week. Among Continental underwriters, the current morose joke goes: "Playing the bond market is no longer speculation because you're bound to lose...