Word: marketed
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Dates: during 1960-1969
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...Africa one more step in the direction that most African scholars are convinced would lead to disaster. Far from splintering into countless anthill economies, they argue, Africa's nations should be consolidating their resources and widening their markets. Three nations in East Africa have moved in this di rection by founding a nascent common market, and elsewhere there are the beginnings of cooperation in handling currency and passports. But if Africa's most populous nation can fall apart, the prospects for successful regionalism look dim indeed...
...Czechoslovaks signed a new friendship pact between the two countries. The Czechoslovaks and Rumanians also discussed embarking upon a form of economic cooperation similar to the scheme that had been proposed by Tito. Under Tito's plan, Yugoslavia and Czechoslovakia will create a sort of two-country common market that will enable each country to draw on the other's investment capital, labor pool and special industrial talents. There were some signs, most notably new attacks in the Soviet press against Dubcek's programs and the resumption of Warsaw Pact maneuvers along Czechoslovakia's northern border...
...many pressures have converged on stock prices that few brokers last week foresaw much chance of a quick rebound, though fewer still expected the slide to grow into a severe plunge. "The market is awash in a sea of doubt," said Vice President Robert T. Allen of the Manhattan firm of Shearson, Hammill. Along with the prospect of an economic slowdown because of the 10% income tax surcharge, there were worries over declining profits, falling interest rates (which help to suck investable funds back into bonds), and reduced business spending on expansion. With many big institutional traders sitting...
...Lynch, Pierce, Fenner & Smith, the largest U.S. securities firm, imposed a "house rule" forbidding its salesmen to sell over-the-counter stocks for customers unless they first have physical possession of the certificates involved. The National Association of Securities Dealers, a trade group which polices the over-the-counter market, drafted a similar rule for its 3,700 member firms-but set no date for the procedure to become effective...
...North Carolina, collaborated with Dr. Edward Shanbrom of the Hyland (Los Angeles) division of Baxter Laboratories to perfect a new AHF six or seven times as strong as Dr. Pool's cryoprecipitate. The new preparation, 30 to 50 times as active as plasma, has just gone on the market...