Word: gain
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Dates: during 1960-1969
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...moment (see diagram) came 2 min. before the starting cannon, when Cunningham, after crossing the line early, swung Columbia around to get back onside. Instantly, Mosbacher spun Intrepid's wheel; his foredeck crew ran up a jib to windward-and in a flash Intrepid cut inside Columbia to gain the right of way. When Mosbacher jibed and crossed the starting line, Columbia was hopelessly backwinded and 40 sec. behind...
...also climbed last week, propelled by the highest weekly volume on record: 57,386,715 shares. By two of the most broadly based barometers, Big Board stocks rose close to their alltime peaks. The N.Y.S.E. composite index of all common stock issues rose from $50.91 to $51.60, an 18% gain since December 30, only a mite below its May 8 summit of $51.93. Standard & Poor's 500-stock index moved up from $91.69 to $92.74, compared with its May 8 record of $94.58; it is up 18% for the year so far. The more familiar Dow-Jones industrial average...
...Retail sales, becalmed since last September, rose briskly during June at a dozen major chains. Sears, Roebuck and J. C. Penney both announced an 8% sales gain for the month, while Interstate Department Stores, with 107 outlets in 83 cities, experienced a 14% rise in volume. The increases spread across many fields. Sales of the Grand Union grocery chain rose 9%, those of the Walgreen drug chain 15%, those of the S. S. Kresge variety chain...
...Fowler recently admitted that it might go as high as $24 billion, mostly because of the Viet Nam war. Warned Martin in Toledo: "We must have adequate, effective-and above all -prompt tax action that would whittle down the deficit to manageable proportions. Delay would permit inflationary forces to gain momentum...
Revolution of Convenience. Most of the sales gain will result from what the company describes as "the revolution of convenience." From 25 factories in 19 states, Maryland Cup turns out containers for everything from coffee to carry-out chop suey, and its growing plastics division ranges from disposable glasses for airline drinkers to "banana boats" for banana-split fanciers...