Word: gearing
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Dates: during 1970-1979
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Southerners elsewhere could hardly contain their pride in the first President from the region since 1849. Said North Carolina State Senator Harold Hardison of his friends' eagerness to attend the Inauguration: "They'll be there just as sure as a cat's got climbing gear." Added Shelby Smith, a retired building contractor in Helen, Ga.: "It's been a long dry spell for us, and we feel a little like farmers when they get that first whiff of needed rain...
Bright yellow foul-weather gear and gum-soled shoes were common sights in Harvard Yard. Many students reported difficulty in walking in the slush...
...gifts of genuine utility or entertainment. Korvette's in New York sold 30,000 video-game consoles, which turn home TV screens into playing "fields" for tennis, hockey, Ping Pong (average price: $70). Sales of Citizens Band transceivers were boosted dramatically by gutted prices on current 23-channel gear, which becomes less desirable this week when the Government increases the number of CB channels to 40 (see story page 51). King's Department Stores, a Boston-based chain, cut the price of one popular CB rig from $159 to $59; one store sold 20 in two hours. Despite...
Then, a few hours before its arrival, the police got word that a U.S. customs pursuit plane with sophisticated surveillance gear had intercepted the charter as it winged its way over Key West. The airborne feds tracked the intruder up the coast, warning local police in Florida, Georgia, South Carolina, Maryland and finally Pennsylvania that the plane might touch down at any time...
...current flurry of optimism will hardly take the edge off disappointment over the economy's performance in 1976. The year began in high gear with an unprecedented surge of investor confidence that drove the Dow Jones industrial average of 30 stocks up 122 points in January alone, the most successful month in Wall Street history (see box). By April, growth figures were in for the first quarter, and they seemed almost too good to believe. Discounted for inflation, G.N.P. rose at a 9.2% clip, one of the biggest quarterly spurts on record. Corporate profits soared; American Telephone & Telegraph eventually...