Word: months
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Dates: during 1950-1959
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...WORKERS. Most can hold out another month without pain. Said Cleveland Banker Robert Mazanek: "The steelworkers' way of life today includes a strike every couple of years, and they save for it." Many strikers own houses, are borrowing against them instead of carving into their savings. In some steel towns, only 25% of the strikers applied for free surplus food, and only half of those bothered to pick up their allotments. But other workers are hurting, lining up for state unemployment aid, living off their wives' jobs. Only a handful get emergency help from the United Steelworkers...
...effects of the Treasury's reliance on short-term borrowing in the midst of an overall tightening of the money supply (TIME, Aug. 31) were readily apparent. By drawing $1.6 billion in new cash during the last month, Treasury financing-despite Federal Reserve Board buying support-boosted the rate on 26-week Treasury bills to a record 4.15%. The yield on most long-term Government bonds was more than 4% for the first time since the 1930s, and some yields rose as high as 4.8%. Corporate bond yields also rose; unable to sell their public-utility offerings...
...PRACTICE LANDINGS with two engines cut have been ruled out by Federal Aviation Agency in hopes of preventing crashes similar to first fatal Boeing 707 accident (five men dead) last month on Long Island. Under new ruling, airline crews may cut two engines only at altitude...
...some passages too naughty to print. Jack Kerouac's soapless saga, The Subterraneans, is doing so well (over 40,000 sold, not counting paperbound reprints) that M-G-M advance agents are prowling San Francisco's Beatland for material for a film. Latest beatnik hit, published last month: a murky outpouring called Second April ("O man, thee is onion-constructed in hot gabardine"), by a scraggly bard named Bob Kaufman-2,500 copies already in print. Why the popularity? The beat blather certainly is not literature. But it can be amusing, and at its best, more...
...born in Nevada and now travels widely. His first novel, Remember Me, about the mad Ludwig II of Bavaria, was published in England, where it won critical acclaim. Most readers of the current novel will eagerly await the third, to be published in the U.S. later this month. Entitled Segaki, it concerns a 14th century Japanese monk and his search for wisdom...