Word: joneses
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Dates: during 1960-1969
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An hour's break ensued, during which the Viet Cong sipped beer on their side of the clearing and the Americans drank cold tea near the helicopters that had brought them. Finally, the Communist representatives produced the American prisoners-Pfc. Donald G. Smith, SP4 Thomas N. Jones, and SP4...
At the M.L.A.'s annual meeting in Manhattan, while most of the professors attending were socializing or seeking new jobs in the famous academic "slave market," a phalanx of activists from the New Left suddenly seized control. Before most members knew what was happening, the staid old association found...
On the New York Stock Exchange, the Dow-Jones industrial average, which reached a 1968 peak of 985.21 on Dec. 3, fell to 943.75 at year's end. Despite a rebound when trading resumed after the New Year holiday, the average lost ground for the week, closing at 951.89...
Speculation and Shift. Altogether, 1968 was a fairly disappointing year for blue-chip industrial shares. Propelled by political as well as economic events, the Dow-Jones average bounced erratically, but gained only 4.3% for the year. Broader-based indicators of Big Board securities rose about twice as much. The New...
The vulnerability of some so-called "growth stocks" shows up in the ratio between share prices and corporate earnings. Such issues now sell in the over-the-counter market at an average of 40 times their per-share profits, a height last reached shortly before the market's 1962...