Word: makes
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Dates: during 1960-1969
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...Columbia (enrollment: 18,000), Heard would find troubles that dwarf any he encountered in Nashville. The university faces the possibility of more disruptions by radical students this fall. Its newly established student-faculty governing committee, set up to make the university administration more democratic, is still untested. Several of the professional schools have encroached upon the power of the presidency, and the university expects a crushing $11 million budget deficit next year...
...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 new funds to meet New York Stock Exchange capital requirements, McDonnell & Co. went so far as to sell one of its three seats on the Big Board. The sale brought only $375,000, which...
...rate. Credit evaporated, investor buying power disappeared, and stocks collapsed. This year the money supply has expanded at a modest annual rate of about 21% - just enough, FRB Chairman William McChesney Martin hopes, to accomplish "disinflation without deflation." There is no sign that the FRB will soon make money any easier...
...additional wage increase would cut closer to the quick. In the longer run, some mergers seem almost inevitable to reduce the problems of climbing costs and too much competition for too little traffic. If the U.S. can get by with only four auto manufacturers, it should be able to make do with fewer than eleven trunk carriers and scores of regional and nonscheduled lines...
...proposal meant victory for critics of the cigarette, notably the Federal Communications Commission, which earlier this year threatened to order all cigarette commercials off the air waves. Both the FCC and the Federal Trade Commission promised to drop their proposals for stern regulatory action if the industry could make its plan work. Utah Democrat Frank Moss, the nonsmoking Mormon who heads the consumer subcommittee and is the leading tobacco opponent in the Senate, said happily that "the dike has been broken...