Word: millions
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Dates: during 1960-1969
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...beyond this, the city has good reason to pick a fair as its 250th birthday present to itself. For what the city has really accomplished is urban renewal under the guise of a carnival, with the Federal Government paying a portion of the bill. Already the $158 million fair has turned 147 acres of downtown San Antonio "from slum to jewel box," as Texas' Governor John Connally puts it, provided the city with a permanent new $13.5 million Civic Center and contributed an impressive symbol of progress in the 622-ft.-high Tower of the Americas, tallest observation tower...
...buying stampede began with Monday's 10 a.m. opening bell on the Big Board. Professionals and small investors alike grabbed at shares throughout the day. The exchange's new high-speed ticker ran 15 minutes late reporting floor transactions By closing, volume reached a record 17.73 million shares, toppling the old mark of 16.41 million shares set on Oct. 29, 1929, the Black Tuesday that triggered the Depression of the '30s. The Dow-Jones industrial average of 30 blue-chip industrial stocks jumped 20.58 points, its biggest one-day gain m 41 years. Traders agreed that...
Next day was quieter, as stock prices edged up a bit more (2.71 points on the Dow-Jones industrials) and volume held high (14.52 million shares). On Wednesday, with the news that North Viet Nam was at least willing to talk, the trading avalanche roared to a 19.29 million-share crescendo. The ticker fell an unprecedented 47 minutes behind the action on the Big Board floor. Perspiring brokers cheered again and again as volume figures flashed across the magnified tapes projected along trading-room walls. The bellwether industrial average soared more than 13 points before profit-taking sales pulled...
...been able to cut back on clerical help and thus reduce such other overhead as floor space. As a result, they have been free to pay more money to the creative people they most need. J. Walter Thompson, biggest of all agencies, with total billings last year of $590 million, has even turned the situation into an intramural campaign. Chairman Norman Strouse refers to the new look at J. Walter as "fewer, better people, better paid...
...last year lost seven clients, including Broxodent Tooth Brushes, Ocean Spray Cranberries, Rheingold Beer and Warner Bros. At the same time, DDE picked up 14 new ones, including the Sylvania division of General Telephone & Electronics, Parker Pens and American Tourister Luggage. The net gain in billings was $10 million and DDB scarcely stopped to worry. Says Foote, Cone & Belding's Founder, Fairfax Cone: "We can have a cancellation tonight, without anyone batting an eye, of a $1,000,000 account. This means $150,-000 of gross income we had counted on that's gone, and there...