Word: lowe
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Dates: during 1960-1969
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...Barcelona pavilion, a low-slung one-story jewel brilliantly combining such elegant materials as travertine, Tinian marble, gray glass, onyx and steel, was Mies' first major public building to demonstrate many of these concepts. It immediately established its designer as a master. The following year he replaced Walter Gropius as the director of the Dessau Bauhaus, only to close up the experimental workshop three years later in protest against Nazi restrictions. In 1938, an invitation to head the school of architecture at the Armour Institute (since renamed the Illinois Institute of Technology) led Mies to Chicago and the full...
...those "exploited" by capitalism. But in addition to its $500,000 allocation, the committee did call on member churches to give "a significant portion of their total resources to orga nizations of the racially oppressed." One way that churches might help was to make land available "free or at low cost" for community development...
...expansion rate of the overall economy has declined considerably; corporate profits and housing starts are off, and there are a few signs that consumers are beginning to curb their appetites for buying. During the first ten days of August, new-auto sales, for example, fell to an eight-year low for that period. On the other hand, personal income is rising sharply, and declining labor productivity means that manufacturers pay more in both labor and materials to produce the same items...
Still, Natomas for months has been one of the most wildly gyrating stocks on the New York Stock Exchange. From an early 1969 low of 34⅛, it climbed to a June high of 130½. In July it fell back into the 70s, then swiftly rebounded. An announcement by company officials that they are "formulating plans" to begin exploratory drilling off Sumatra by year's end sent the stock up 101 points in one day early last week, to 106⅜. It closed Friday at 101⅜−or about 85 times Natomas' 1968 earnings...
...Next Test. The likelihood that speculators will soon find another way to outgain stock-market averages is not great. Last week the stock market slowly extended a technical rally from its July 29th low of 801.96 on the Dow-Jones industrial average. The average rose 16.37 to close at 837.25. Brokers almost unanimously expect that the rally will give way soon to a new drop that will "test" the low. Opinion is divided about evenly on whether or not the market will pass that test...