Word: fattests
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...could not hold the gain, slipped to end the week at 670.69 in the Dow-Jones industrial average. Even with a drop in trading, the 1959 volume was certain to be the heaviest since 1929. Totting up the commissions on the trading, brokers happily paid out the fattest year-end bonuses in many a season. At Paine Webber, the extra checks averaged nearly six weeks' pay; Merrill Lynch, Pierce, Fenner & Smith reported that its oldest employees were getting better than eight weeks' extra pay. In some smaller over-the-counter houses, with low overhead, employees got as much...
Honky-Tonk Lunches. The Economist on last week's newsstands had 136 pages, was the fattest issue in the history of the publication (Economist staffers steadfastly decline to call it a magazine, always refer to it as "the paper"). The newsstand sales put U.S. circulation up to 7,500 and total circulation to 60,500, both Economist records. But however encouraging such figures may be to Economist editors, they fully realize that what matters most about the Economist is not how many readers it has, but who its readers are. And the sort of people who read the Economist...
...Indeed I was not looking for one." Last week, as if to drive Nikita's point home, Moscow published the fattest statistical yearbook in Soviet history, a 958-page tome filled with figures carefully chosen to indicate that Russia is far closer to outstripping the West than many an Uzbek peasant might think. For one thing, assert Russia's statisticians, Russia is producing more people than the U.S. Russia's birth rate, according to the yearbook, was 25.3 per thousand in 1958 v. a mere 24.3 per thousand for the U.S., and only 7.2 Russians per thousand...
...offering of 91-day bills, the interest rate averaged 4.166%. On six-month bills, the rate hit a record high of 4.796%. Meanwhile, the yields on already issued Government bonds soared to new highs. Their prices had dropped so much that nine issues were yielding 5% or better, the fattest yields on Governments since...
...Paradoxically, the companies that were fattest with profitable commercial and defense projects when the missile buildup began have moved the slowest into the new art, largely because they were too busy.with the present to spend time and money on the future. United's Horner candidly acknowledges that his company was in no rush to jump into rocket engines, because it had all it could do to keep ahead in the race to make better jets. "If we had gone into rockets, we might not have had our J-57-" said he, and the J-57, which powers almost...