Word: priced
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Dates: during 1960-1969
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Gesell's decision is not likely to produce an immediate upsurge in abortions in Washington. Dr. Ernest Lowe, chief of gynecology and obstetrics at D.C. General Hospital, believes that the ultimate effect will be to make the surgery more readily available at a reasonable price. But Dr. Howard Donald, chief of staff at Columbia Hospital for Women, says: "I don't think that tomorrow morning we would say anyone could just request an abortion and have it done." Dr. Frank S. Bacon, head of the D.C. Medical Society, thinks most doctors will go slow on abortion until Congress...
...housewives, that seal-successor to the Good Housekeeping Seal of Approval-has long symbolized quality. Not many buyers are aware that only products advertised in Good Housekeeping qualify for the imprimatur. In fact, Hearst does not guarantee that the merchandise is safer or better than competing products of comparable price. "We satisfy ourselves that products advertised in Good Housekeeping are good ones," says the publisher, "and that the advertising claims made for them in our magazine are truthful...
...will give only one share of its stock, worth about $35, for five Northeast shares, which traded at a total of almost $70 just before the announcement. Individual shareholders in Northeast will take a drubbing, and they have started to organize and protest; but even at the fire-sale price, Storer will get out with a profit. It has put $35 million into Northeast, and will receive Northwest stock currently worth around $38 million, plus a Northwest promise to repay with interest a $10 million Storer loan to Northeast...
...couple of reasons for the merger are that Northwest President Donald Nyrop, a first-class administrator who was once chairman of the Civil Aeronautics Board, will pick up Northeast's jets for a bargain price and get a tax-loss carry forward estimated at $17 million for his company. Northwest, which earns most of its profits in the spring and summer, also could use Northeast's cold weather vacation traffic. In addition, Northeast's new Miami-Los Angeles run will tie in neatly with Northwest's newly granted routes to Hawaii and Japan...
...keep it in perspective. First of all, the unemployment will not be recession unemployment. Small changes in the unemployment rate do not have any visible effect on social unrest. Unrest has been at its peak when unemployment was low. As long as the Administration can show progress toward price stability, and as long as it can keep us out of a recession, I don't think that the voters will have anything to complain about...