Word: golds
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Dates: during 1970-1979
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...placed 40,000 copies on the market last fall under the simple title Gnomes. The book has sold 250,000 copies at a prepublication price of $14.95, and Abrams expects it to sell another 150,000 copies at the full price of $17.50. Abrams struck a crock of gold. Gnomes, says President Andrew Stewart, "will have a significant impact on our profits in 1978. We'd have a good year even without it. Now we'll have a terrific year...
...worth of deutsche marks that Washington can use to buy up surplus dollars on the exchange markets. That doubles the Treasury's line of credit at the West German central bank in Frankfurt. In addition, the U.S. may sell $740 million worth of IMF Special Drawing Rights ("paper gold") to the Germans for deutsche marks, and it proposes to borrow as much as $5 billion of foreign currencies from the IMF. That $5 billion credit already existed. Hence the net new money available to the U.S. under the agreement is $2.7 billion...
...leading foreign coach puts it, "for sheer joy, unlike the Europeans, who often are driven by political, nationalistic or commercial pressures." At the age of 20, with his best years just ahead, Phil Mahre (pronounced mare) is already the finest American male skier in history, a solid gold-medal prospect for the 1980 Winter Olympic Games in Lake Placid, N.Y. As the World Cup competition ends this week in Arosa, Switzerland, Mahre is second only to Sweden's Ingemar Stenmark, 22, who has won the overall championship three years...
DIED. Theresa Weld Blanchard, 84, who became America's first ladies' figure-skating champion in 1914, and won nine U.S. gold medals with Partner Nathaniel Niles during her reign as "Queen of the Ice" in the 1920s and 1930s; of cancer; in Boston. Rebelling against the constrained motions then expected even of free skaters in America, Blanchard pioneered a more sweeping international style and was often marked down by judges for her "unladylike" loops and swoops. She founded Skating magazine and served as its editor for 40 years...
Hackett may have to wait until Saturday's 1650-yd. freestyle, his strongest event, for a shot at his first NCAA title, however, as a pair of Olympic gold medalists--Long Beach State's Tim Shaw (4:21.19) and UCLA's Brian Goodell--grabbed the two middle lanes (indicative of the top two seeds) with their swims in the prelims...