Word: halfe
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Dates: during 1960-1969
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Died. Mrs. Helen de Young Cameron, 86, matriarch of San Francisco high society, wealthy daughter of Michel H. de Young, co-founder of the San Francisco Chronicle, who for half a century was a notable patron of the arts, and a director of both the symphony and opera associations; of a heart attack; at Rose-court, her pink-stucco château in suburban Hillsborough...
...declining for some time, the average U.S. worker's real purchasing power has begun to climb because most wage increases are now exceeding rises in the cost of living. Personal income, as reported by the Commerce Department last week, has risen by 9% this year over the first half of last year...
...June. For the first time in eleven months, manufacturers were filling old orders faster than new business was coming in. So far in 1969, the gross national product has risen at a real annual rate of only 2.4%, compared with the 6% increase of 1968's first half. The real growth of the nation's economy has moved down in each of the past four quarters...
...inflationary moves are now badly hurting shareholders. The Dow-Jones industrial average has dropped more than 150 points since it reached the year's high of 969 in May. Last week it fell precipitously, closing at 818, lowest in 21 years. Many speculative stocks have been cut in half. The mutual funds are sitting on the sidelines, holding tremendous sums of cash and waiting for the market to hit a bottom. The slide has forced some brokers and bankers to make margin calls, and it is even pinching a number of big firms. As it scurried to raise...
...break even, generally 50% of the seats on jets have to be filled. The load factor, which averaged 53.7% in the first half of 1968, was down to 50.3% this year. Industry analysts say that every 1% drop in the load factor costs American Airlines, for example, at least $10 million in annual earnings...