Word: expectation
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Dates: during 1950-1959
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...course, is that increases of one kind or another will continue each year, until Harvard's "expansion phase" begins to level off. In addition, since it appears that the Program will not achieve its goal of $82.5 million by June, 1959, its failure is only one more reason to expect continued increases in student costs. In the words of one Administration official, a lot of students are going to have to "grin and bear...
...script to his first big success. Says he: "One of the basic problems in this industry is that it never trains people for success. Suddenly everything's all whipped cream and marshmallows and mink coats and swimming pools. You can't throw this down a gut and expect ready digestion. But to Ernie Pandish identity became equated with money, and I don't think I'm that way. He's traded off certain values; Rod Serling hasn't. It's a moot point what will happen...
...Freight carloadings climbed 2.3% above 1958 levels, for the most significant gain in 17 months. Railmen expect the upsurge to continue...
...news last week was that price levels are holding steady (see NATIONAL AFFAIRS). But the real measure of inflation's dangers lies in what the U.S. may expect over the long trend...
...pace of U.S. business picks up, so does the demand for money. Last week bankers indicated they expect a rise soon in the discount rate, now 2½%, as well as a corresponding hike in the prime rates. Said Hanover Bank's President R. E. McNeill Jr.: "I would not be surprised to see an increase in the discount rate. There is a high level of business, inventories are down, money is fairly tight, and banks are well invested." With higher rates ahead, U.S. bonds had another sinking spell last week, reached the lowest level in years; many Treasury...