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There was no formal news conference, no crush of reporters, no tangle of television cables. The announcement came by means of an open letter-under a plain letterhead reading "Richard M. Nixon, New York, New York"-that was delivered by messenger boys to the Associated Press and United Press International in Manhattan. As a personal touch, 150,000 copies were mailed to voters in New Hampshire. Addressed "to the citizens of New Hampshire," Nixon's letter recalled his 14 years of Washington service and the forced retirement that followed his narrow defeat for the presidency...

Author: /time Magazine | Title: Republicans: Nixon's Dream | 2/9/1968 | See Source »

...Ozawa, the move seems a shrewd one. The pressures of conducting the top orchestras could cramp or even crush a youthful career. San Francisco offers him a unit that can grow with him as he broadens and deepens his repertory, and it will require him to conduct only 17 of the season's 35 weeks. As he said last week, this will leave time for "opera, other orchestras, studying, and many other nice things. I think at my age it is important to have many experiences...

Author: /time Magazine | Title: Conductors: San Francisco Bags One | 2/9/1968 | See Source »

Coping with the Crush. So far in 1968, Big Board trading has averaged nearly 13 million shares a day, almost double the 1965 rate and a 38% leap from the 1967 daily average. Though no figures are available for the scattered over-the-counter market, brokers estimate that volume has risen by 70% from a year ago. The American Stock Exchange shows the most stunning gain of all: average daily volume has jumped 182% in a year, from 2,826,495 shares to 7,949,003. Last week Amex volume swelled to four successive daily records, reaching a peak...

Author: /time Magazine | Title: Wall Street: Shortened Hours | 1/26/1968 | See Source »

...cope with that crush, Manhattan brokerages have expanded their back-office force from 22,000 to 32,000 clerks over the past 18 months. Even so, says President William Fleming of Walston & Co., "there are just not enough trained employees to handle this heavy volume." Other brokers fault the stock exchanges for clinging to manpower-wasting procedures while their members reap a bonanza of commission profits...

Author: /time Magazine | Title: Wall Street: Shortened Hours | 1/26/1968 | See Source »

...Selfridges Oxford Street store, 48 interpreters struggled to cope with the crush of Continentals snapping up fashion garments, bedding, appliances, children's and men's wear. British European Airways put on extra flights, and Air France switched from 90-seat Caravelles to 180-seat Boeing 707 jets to help carry the bargain hunters. Harrods, the elegant Knightsbridge store, experienced a run on "everything English"-Liberty prints, fabrics, scarves, china and glass. Said Managing Director Alfred Spence: "We have known nothing like it in 50 years. Sales...

Author: /time Magazine | Title: Britain: Devaluation at Work | 1/19/1968 | See Source »

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