Word: largest
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Dates: during 1970-1979
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...when prices were hammered by news of a sharply falling dollar abroad and worsening inflation at home, the Dow sank by a half point more, but on a much smaller volume of trading. The number of shares that changed hands last week, some 250 million, was the largest in Big Board history...
...market break came on Tuesday. That was when the naition's banks reopened after the Columbus Day holiday, and made their response to the Fed's discount-rate rise. Led by Chase Manhattan, the nation's third largest bank, several institutions immediately raised the prime rate (the interest charged the most credit-worthy corporate customers) from 13.5%, already a record, to a new peak of 14.5%. Since quarter-point raises are the norm, the effect of the full-point boost in the prime was electric. Not only did it push the interest charged to margin investors up close...
...Scottish cattle. West Germany's sleek Porsche 928, priced at $33,220 and voted 1978 Car of the Year by European auto writers, is bought mainly by dentists (the country's highest income group), business advisers, doctors, tax consultants and real estate dealers. (The world's largest Porsche fleet-4,000-is in Los Angeles...
...This is a very good opportunity for Harvard to get some damn good stocks cheap," says Walter M. Cabot '55, president of Harvard Management Co., the University's private investment manager, which decides how to invest the nation's largest educational endowment...
ONCE UPON A TIME, Harvard had a brilliant idea. Forecasting increases in energy prices and decreases in supply, the University decided to build the Medical Area Total Energy Plant (MATEP). MATEP, designed to provide energy to the medical schools and Harvard's affiliated teaching hospitals, would be the largest co-generation plant in America. On paper, it looked great--steam chilled water and heat all from the same diesel engines, and $2 million in annual savings...