Word: ratings
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Dates: during 1950-1959
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...Hola atrocity has been spreading, and stirring consciences in London. After all, Kenya is a crown colony for which the British are responsible, not an independent state like the Union of South Africa, whose racial practices are beyond Britain's authority. British Labor M.P.s smelled a first-rate colonial scandal. They dug up and hurled at the Macmillan government the fact that Kenya's official "Cowan Plan," named after a colonial prison administrator, decreed that recalcitrant prisoners "be manhandled to the site and forced to carry out the task...
...report card to cheer. New tests of Sam Shepard's eighth-graders showed twice as many (14.8%) ready for top-track high school work next fall. At one school, where only 28% of first-and second-graders were reading at the national norm last June, the rate had soared to 57.2% by January...
...Creasey has published 366 novels, many of them whodunits, which have sold more than 18 million copies in the last 29 years. Creasey often turns out a 60,000-word novel in six days, has written as many as 15 a year. Asked to give an explanation for the rate of production, he once modestly replied: "I can type with only two fingers...
Worried that the new boom would sweep in more inflation, the Federal Reserve Board last week took an expected step. It approved a hike in the discount rate on loans to commercial banks from 3% to 3½% for five member banks: New York, Chicago, St. Louis, Minneapolis and Dallas. The new discount rate is the highest since the fall of 1957, is bound to restrict even further the tightening money market. The Federal National Mortgage Association braced itself for tighter money by reducing the price it will pay for Government underwritten mortgages from 99% to 97% of face value...
...Pont-G.M. case (TIME, June 27, 1957 et seq.), aiding in overall antitrust enforcement. But Treasury and Justice oppose as too liberal bill to free Du Pont stockholders from paying regular income tax on G.M. stock when they receive it, require only payment of lower capital gains tax rate when G.M. stock is sold...