Word: poundingly
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Dates: during 1960-1969
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...feels that he is doing better than all right. Yet the island suffers from overfull employment (jobless rate: 1.4%), spiraling wages and sluggish productivity. To battle inflation and spur exports, Prime Minister Harold Wilson has sought to deflate domestic consumption by raising taxes and restricting credit. In 1965 the pound was thus defended and strengthened, and the trade gap was drastically pruned. Economic growth, however, dropped from 5.4% to 2.3%, and this year's prospect is for 2% or less. Though Britain is producing at full capacity, its long-familiar but urgent challenge is to expand capacity and efficiency...
...news broke quietly on New Year's Eve. A wire-service report announced that Belgian-controlled Union Minière du Haut-Katanga, which annually mines 314,000 tons of copper in the Congo, was increasing the price of the metal from 380 a pound...
...Much to Resist. Such turmoil and tortured fluctuations are the standard bill of fare for copper. Of the major metals, it has long had one of the most unstable world market prices. In 1956 that price hit an alltime high of 45⅞? a pound. By 1958 it had sunk to 24 4/5?. Speculation on copper futures ran amuck, and in desperation producers accounting for 70% of the free world's copper supply informally banded together to provide an artificial stability in the form of a set world price. Still copper's willful ways seemed uncontainable. A year...
...large companies, which set their own price, normally sell only to large and regular customers; smaller buyers must compete for the remaining 30% of the copper supply on commodity markets like the London Metal Exchange, where last week copper was trading at up to a nearly prohibitive 71? a pound...
...Franquemont and Paul Padiak did their best to rescue the Crimson, but it wasn't enough Franquemont planed Cornell's Josh Knight at 8:19 of their 152 pound contest, and Padiak, a sophomere, whitewashed Tom Southworth 5-0 at 150. Harvard sported ahead by two points but not for long...