Word: gulf
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Dates: during 1960-1969
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There were many apparent reasons for the rise. One was the fact that investors who sold short in December for tax purposes now had to cover. Short-interest holdings-including large blocs in Douglas, RCA, Sperry Rand, Fairchild Camera and Gulf & Western-hit a 35-year high in December. The short-interest total began dropping-it was 2,000,000 shares lower at the beginning of last week-as the short sellers began covering themselves in a rising market. Buying also were mutual funds, which had kept about $3 billion liquid and ready during an uncertain autumn and now moved...
...about that time Gardner told Brother Louis, a motel resort owner in Carmel Valley, Calif., that he was "tapering off." But Johnson, who admired his work on the education bill, had other ideas, asked him to join the Cabinet. There was an immense gulf between running Carnegie's 35-member staff and HEW's army of 100,000, but, as Gardner puts it, "it is exceedingly difficult to say no when the President asks something of you of that magnitude." Besides, it was time for a change...
Held in the grip of a fanatical socialist party that seeks to wrest from Egypt's Nasser the leadership of the Arab left, Syria has become the epicenter on the seismographic chart of Middle Eastern turmoil. From the Sea of Galilee to the Gulf of Aden, its mortars and machine guns, tanks and terrorists ply their disruptive trade not only against Israel but against the nations of the Arab center and right...
Only 45 minutes out of Miami by jet, the Bahama Islands have long been one of the favorite playgrounds of Americans. Composed of 700 islands that are washed by the warm waters of the Gulf Stream, the Bahamas have a population of only 140,000 people, 85% of them Negro. Yet for many years the islands' fate has been held firmly in the hands of a tight little group of white businessmen known as the "Bay Street Boys," after the main street of the capital of Nassau. The group's two dozen members controlled both Bahamian commerce...
...gulf of experience which results from this change in attitude is too deep for either group to cross completely. The two-group classification oversimplifies the split, lumping together a wide variety of complicated feelings and outlooks. But the basic difference in mentality is real and important, and may have very practical implications for the future of this country...