Word: counter
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Dates: during 1960-1969
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...year-old Judge Francis J. W. Ford pushed the pace by regularly growling, "That's irrelevant." The plethora of evidence gathered by the prosecution included literature and statements, as well as a film of a draft-card burning attended by some of the defendants. The defense sought to counter the conspiracy charge by claiming that the five were acting as individuals (the jury agreed in Raskin's case), and that their approach was a form of free speech...
...Fearing that De Gaulle will benefit from a backlash law-and-order vote, the Communists have redoubled their efforts to cool the situation. "Every time somebody gets socked, it's worth at least 100 and perhaps 1,000 votes to the Gaullists," said one ranking French Communist. To counter this, the Communists sought to project themselves as a patriotic party of moderation. "We are not adventurers!" cried Party Boss Waldeck Rochet. In the worst moments of the revolt, he claimed with some justification, it was the Communists who had "barred the road to bloody adventure." His appeal: "For peace...
...nation's overburdened stock markets called time out last week, but investors didn't seem to hear the whistle. Stock exchanges and the over-the-counter market took a one-day holiday to let brokerage houses attack a mountain of paperwork that has swamped clerical staffs. The shutdown was the first of three consecutive Wednesday closings to be followed by a similar non-trading day on Friday, July...
When the markets opened last Thursday, a burst of trading toppled volume records not only on both major stock exchanges but also, by brokers' estimates, in the over-the-counter market. On the New York Stock Exchange, volume soared to an all-time peak of 21,350,000 shares. It was the third time since April 1 that Big Board turnover had reached new heights, eclipsing by ever-increasing margins the 39-year-old record of 16,410,000 shares traded on Oct. 29, 1929, when the market suffered its worst crash. On the American Stock Exchange, a center...
Bedlam. In the over-the-counter market, which operates by telephone, the pace grew frantic enough to overstrain physical facilities and disrupt trading. "It's absolute bedlam," said one dealer whose entire switchboard lit up at once. "We just pulled all the cords out and started fresh." Other brokers encountered long delays reaching marketmakers. Such tie-ups often hurt investors, as prices rise before their orders can be placed. Goodbody & Co. stopped giving quotations and White, Weld & Co. halted its over-the-counter operations an hour before the new and foreshortened 3:30 p.m. official closing time. Despite...