Word: markets
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Dates: during 1960-1969
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...other dealings abroad, Pompidou has shown no strong urge to renounce Gaullist policy wholesale, but he will undoubtedly make changes in the long run. He spoke recently of the "difficulties" of admitting Britain to the Common Market, but would quietly reseat France at council meetings of the West European Union, the only organization that groups Britain with the six Common Market nations...
...young Irish today have other things on their minds. For the first time, England has been pushed out of the light, by modern travel, and the European connection can be made. There is strong sentiment for joining the Common Market...
...price of such foods as chicken and coffee was lower last March than during 1958. Almost every other kind of food, however, was up-or way up. The prices, estimated by The Labor Department from data collected in 56 metropolitan areas, represent typical items in a housewife's market basket. Prices are, of course, much higher in many places...
...must resolve at least three basic problems. They concern not only market professionals but also the 26.5 million Americans who own shares directly and the 100 million who participate in stock trading through mutual funds, pension funds and trusts. First, the 642 brokerage firms that are members of the exchange have not yet cleaned up the back-office paperwork mess that since last June has kept the Big Board from conducting a normal 271-hour trading week. In addition, commission rates that member brokers charge to stock traders are under attack by the Justice Department, the Securities and Exchange Commission...
Traditionally, high prices reflect a short supply of cattle. This year the mechanism of the market has been snarled by increasing affluence. With disposable income up 6% from last year, Americans are indulging in their longstanding love of beef. In the first quarter of this year, 6% more steers have been marketed than in the equivalent period of 1968, yet consumer demand for red meat is rising even faster. At current rates, Americans this year will eat an average of 110 Ibs. of beef each, compared with...