Word: risings
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Dates: during 1960-1969
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...Hasty Pudding Theatricals produced "Crowns and Clowns," their first musical since before the war. It showed the rise and fall of a Bolshevik Prince who usurped the throne of the Kingdom of Czecho-Ptomania...
...disagree with the idea that "the use of four-letter words makes sex dirty" (the figures rise to 42% of the under-30 group, 45% of the college-educated, 41% of those earning $10,000 and over, 46% of professionals...
WITH considerable unhappiness, moneymen still vividly recall the episode in the late summer of 1966 that came to be known as "the credit crunch." Restricting the nation's money supply in order to slow a rapid price rise, the Federal Reserve Board acted so decisively that the financial markets reacted with hysteria. Interest rates rose rapidly, the Dow Jones average sank 25%, and many lenders were so short of funds that it became extraordinarily tough for corporations to borrow...
...mortgage-banking firms and generally refusing loans to finance corporate takeovers. The pressure is strongest on banks in the East and on the West Coast because they deal with many large corporations that need money to expand. The cost of borrowing, already at a 40-year peak, continues to rise. Bankers have stepped up their prime rate four times in the past six months, to an alltime high 7½%, and speculation is widespread that they will soon increase it again. That expectation helped to depress the stock market last week. The Dow Jones industrial average fell 10 points...
...credit squeeze followed by a recession shrank domestic demand. In response, German businessmen turned to aggressive selling abroad. The economy soon rebounded, but recession-cut German prices never caught up with those in other countries. For industrial products, Germany's principal exports, many prices not only failed to rise but actually fell. Retail prices of electric ranges, washing machines, refrigerators, watches and TV sets declined slightly in the past year. The 2½% increase in the consumer price index over the twelve months through last April was due almost entirely to an 8% increase in rents...