Word: millions
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Dates: during 1960-1969
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...time of high and rising taxes, investment in stocks is one of the few ways by which a wage or salary earner can hope to become rich-at least on paper. As a result, the number of Americans who own shares has risen to 24 million. An estimated 76 million others own stock indirectly through their holdings in pension funds and the like. Now that the market has become the prime source of a second income for many Americans, they are increasingly asking a puzzling question: What makes the market go up-and down...
That knowledge is important, for along with the large institutions, some relatively small brokers often come close to controlling markets in the stocks of small but "glamorous" companies. It is no trick these days for a broker to have $20 million in buying power. If he is attracted to a company that has few shares outstanding, induces his customers to buy the stock, and puts only 5% ($1,000,000) of his buying power into it, the demand is likely to drive the stock up simply because its supply is so limited. Many brokers tend to favor lower-priced issues...
...Force recovery team continued their hunt for H-bomb parts and contaminated debris scattered by the crash of a B-52 SAC bomber last month. Searchers armed with scintillation counters came upon chunks of wreckage that caused their instruments to go off scale at their maximum 2 million counts-per-minute rate-indicating a level that was above the highest count recorded at the Palomares, Spain, crash site in 1966. To minimize the threat that the radiation poses to plant and animal life, the recovery operation will continue until as much as possible of the 200 Ibs. of fissionable trigger...
When the flame is lit this week for the 10th Winter Olympics at Grenoble, France, TV will carry the Games to 200 million people around the world. One sport and one athlete will dominate everyone's attention. The sport is Alpine skiing-with its hurtling downhill races and snow-spraying slaloms. The athlete is France's Jean-Claude Killy, an innkeeper's son from Val d'Isère in the French Alps, whose élan and ebullience have made him an almost legendary figure...
...around town displaying photographic blowups of the stinking, 19th century toilets-open sewage troughs with a waste receptacle at one end-still used by 15,000 students. By 1966, Briggs's efforts had paid off in the form of a 20% increase in school taxes and a $66 million bond issue...