Word: dow
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These are the people who make or break a Dow demonstration at Harvard. It was their numbers that blockaded Dow recruiter Fred Leavitt last October three days after Federal troops had driven them off the steps of the Pentagon. This seeming strength of their organization then led some SDS leaders, in their more extravagant moments, to threaten closing down the University. But it is this pivotal group--let's call them the liberal activists--which has recently turned away from SDS, and which probably really didn't believe in them anyway...
...Harvard events, and from the national press about far-off places like Wisconsin and B.U. The press, of course, hands its readers what it wants, and most of that is sensational. It was sensational news about police brutality in Oakland and Washington that turned the liberal activists against Dow in the fall, and it is the overplayed copy about SDS' demanding no tuition that disenchants them...
...crimp small businessmen, capital-goods industries and local government construction projects. Worst hit, as usual, will be new housing, which is uniquely sensitive to a downturn when rates jump-as mortgage lenders agreed they surely will. A more immediate reaction came on the New York Stock Exchange, where the Dow-Jones industrial average fell 11.56 points in the week's final trading session. The drop not only erased earlier gains, but left the bellwether index at 897.65, an 8.04-point loss for the week...
...Jersey, which offers a flat two months' induction pay plus 50% of the difference between service and civilian pay for married men as long as they are on active duty. Atlanta-based Southern Bell Telephone and Telegraph Co. pays a 100% differential for up to six months, while Dow Chemical men go off to war with a check for up to two months' pay. Western Electric pro vides full differential pay for the first three months of active duty, plus an other three months for each of an employee's dependents. Philip Morris...
...lift. For the third time in two weeks, trading volume on the New York Stock Exchange spurted to a new daily record: 20,410,000 shares on April 10. Even with trading cut to three days by suspensions for Martin Luther King's funeral and Good Friday, the Dow-Jones industrial average rose 39.88 points to make a two-week gain of 65.02. It was the sharpest rally of the decade, and it hoisted the index of 30 blue-chip industrial shares to 905.69, highest since Jan. 9, wiping out nearly all the losses that followed the Viet Cong...