Word: fortnightlies
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...Doubtful Reader" was referring to the unusual Vatican annulment of the President's first marriage, which let him marry Lima Socialite Clorinda Málaga a fortnight ago (TIME, June 30). In a country famed for its firmness in the Catholic faith, the second marriage stirred a storm -the noisier because the citizens were not told the ground for the annulment...
...cast on the shore of Scotland's Holy Loch, Britain's yare challenger for the America's Cup also looked a slow boat. In a dozen tune-up races with an elderly twelve-meter trial horse, Evaine, the gleaming Sceptre had been beaten every time. Last fortnight as Sceptre was hauled out of the water for inspection and checking, squalls of criticism blew across Britain...
...Appeals for the Eighth Circuit in St. Louis. Meanwhile, the N.A.A.C.P. asked Judge Lemley for a stay of execution to allow the remaining seven of the original nine Negro students at Central High (one girl was expelled last February, studied in New York City; one boy graduated last fortnight, is entering Michigan State University) to stay on at Central High next September and thereafter until the final word from...
...biggest break came in the new 2⅝% interest bonds which came out fortnight ago (TIME, June 23). Many Wall Streeters touted the bonds as sure to rise, as other recent Government issues have risen. Demand was so great that New York City banks' loans to brokers against Government obligations (which helped the brokers to carry the thinly margined speculators) hit a twelve-year high of $1,357,000,000. Just after the bonds came out, they hit 100½. But by last week the bonds had skidded a full point to 99½, due largely to rumors that...
...hoped to lessen competition with municipal and corporate issues, give the Federal Reserve a freer hand in controlling the money supply. In spite of complaints from money men that long-term issues would hinder the easing of money rates, Anderson tried several such issues. He judged the market shrewdly. Fortnight ago his longest-term issue (27 years), for $1 billion, was heavily oversubscribed...