Word: climbed
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...damage, billowing in thick black clouds up the air ducts and stair wells, trapping guests on the upper floors of the 26-story structure. At week's end, the death toll had reached 83, and at least 334 were injured; officials feared that the number of deaths might climb higher still. Said Las Vegas Fire Chief Ray Parrish: "People tend to hide when they get afraid, so it may be a day and a half more before we can arrive at a final figure." The MGM Grand Hotel fire is the second worst such blaze in U.S. history, surpassed...
...made from bed sheets. "Don't jump! Don't jump!" policemen yelled through bullhorns. A helicopter swooped around the hotel announcing over a loudspeaker in English and Spanish that the fire was under control. Despite the warnings, at least one woman was killed when she tried to climb down a bedsheet rope from the 19th floor, made it to the 17th, and then fell...
...says the Fed chief, as money costs climb and another slump looms
...fact, for investors to make up for the loss in buying power caused by inflation, stock prices would have to climb far higher than they have. Since 1965, when the Dow first approached the four-digit threshold, inflation has chopped the buying power of a dollar to little more than 400. For investors in the 30 stocks of the Dow industrials to be as well off today as 15 years ago, the averages would have to hover not at 1,000 but at 2,500-and not even Wall Street's most starry-eyed optimists see that kind...
...York Stock Exchange. Prices later slipped back as banks boosted the interest rates they charge their prime corporate customers by a full point, to 15½%. But the chill of rising rates, which nearly always push stocks down, was short-lived, and the market resumed its climb last week. Almost all kinds of issues rose, but the big gainers were energy and defense companies, which stand to benefit from Reagan's plans to speed deregulation of domestic oil and natural gas prices and beef up the armed forces...