Word: manhattan
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Dates: during 1970-1979
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...checkered, financially precarious history, American Ballet Theater has probably had more downs than ups -but oh! is it up now. Last week, to celebrate its 35th anniversary year, Ballet Theater offered a glorious, fund-raising gala at the State Theater of Manhattan's Lincoln Center. No other company in the world could have brought together on one stage so many stars of so great a magnitude...
Died. Hyman Kraft, 76, playwright and author; of complications arising from injuries suffered when he was struck by a bicycle; in Manhattan. Kraft wrote his first play at 33, later collaborated with Theodore Dreiser on the screenplay for An American Tragedy and became a journeyman playwright of comedies and musicals, among them Café Crown and Top Banana, a caustic, dizzy homage to comedy that Phil Silvers made into...
Died. Nicholas Rossolimo, 65, Russian-born chess grand master; following an accidental fall; in Manhattan. Chess champion of France, Rossolimo came to the U.S. in 1952, when chess in America was less popular than it is today. Though his artistic, almost romantic style of play drew awards for "brilliancy" and won him the U.S. Open Championship in 1955, he was never able to make a living from the game and supplemented his tournament and chess-studio earnings by working as a Waldorf-Astoria busboy and a New York cabby...
After plunging from their lofty peaks of mid-1974, interest rates are drifting up again, raising concern that higher borrowing costs could discourage business and consumer spending and hamper the budding recovery. Manhattan's pace-setting First National City Bank has raised its prime loan rate to businessmen from a low of 6¾% in June to 7½% recently. And last week most other major banks followed suit and lifted their prime ¼% to 7½%. The effect is to lift the level of other short-term credit costs to business because many bank loan rates are scaled...
Died. Arthur ("Zutty") Singleton, 77, innovative jazz drummer; in Manhattan. Zutty (Creole patois for cute) grew up musically in the hothouse of pre-World War I New Orleans jazz, developing a driving, fiercely rhythmic style on the snare and bass drums and was one of the first jazz drummers to use wire brushes. Until the early '30s, he played regularly with Louis Armstrong and later recorded with Charlie (Bird) Parker and Dizzy Gillespie...