Word: drop
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Dates: during 1960-1969
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FORBIDDEN fruit always tastes sweetest, and that is one reason why U.S. travelers in the Orient have often been tempted to buy goods made in Red China. Not until last week did the State Department belatedly drop its total prohibition against such imports and declare that returning tourists may bring back $100 worth of Chinese merchandise (see THE NATION). The dispensation delighted shopkeepers in Singapore and along Hong Kong's sleazy Upper and Lower Lascar Row ("Cat Street"). In some of the larger Peking-controlled emporiums in Hong Kong, English-speaking shopgirls stood like smiling spring flowers beneath...
...through 1966 in their airline investments," says Bache & Co. Analyst Henry Siegel. Now the airline stocks are no longer the high and the mighty. They are among the leaders in the market's decline, down as a group by 37% since the beginning of the year. The drop is accelerating: the index of air stocks fell by a startling 11% in five trading days two weeks ago and again by 6% last week. TWA, Pan American and Western Airlines skipped their second-quarter dividends because of sharply reduced earnings...
...break even, generally 50% of the seats on jets have to be filled. The load factor, which averaged 53.7% in the first half of 1968, was down to 50.3% this year. Industry analysts say that every 1% drop in the load factor costs American Airlines, for example, at least $10 million in annual earnings...
...proposal meant victory for critics of the cigarette, notably the Federal Communications Commission, which earlier this year threatened to order all cigarette commercials off the air waves. Both the FCC and the Federal Trade Commission promised to drop their proposals for stern regulatory action if the industry could make its plan work. Utah Democrat Frank Moss, the nonsmoking Mormon who heads the consumer subcommittee and is the leading tobacco opponent in the Senate, said happily that "the dike has been broken...
...less intrusive than TV commercials, which often run while children are viewing. Even so, Senator Moss has warned publishers to avoid accepting "massive print advertising campaigns" and urged them to "maintain current ratios" of cigarette to non-cigarette advertising. Quite likely, publishers will feel increasing moral pressure to drop cigarette...