Word: rose
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Dates: during 1950-1959
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...Associated Press' cigar-chewing Forrest Edwards, rose during one press briefing to complain that 17 different government spokesmen had given him 17 separate reports. "What do you expect?" Minister of Information Sisouk Na Champassak replied accurately. "If you speak to 17 different people, of course you'll get 17 different stories...
...three-quarter moon rose over Europe last week as serene and remote as ever, but dropping faster and faster through its gravitational field was a small, alien object: a metal sphere blazoned with the hammer and sickle of the Soviet Union. Perhaps no one will ever know what happened when it hit. It may have dug an invisibly small crater among the natural meteor craters on the moon's scarred face. Perhaps it splashed a brief fountain of dust. Whatever it did, the moon could no longer serve as a symbol of unreachability. Man had sent an object from...
First news of the hit came to the free world from the radio telescope at Britain's Jodrell Bank. As the moon rose, the great 250-ft. dish swung toward it. The sharp beep-beep of Lunik II throbbed in the control room. The signals were coming from the exact point in the starry sky that the Russians had predicted by telegram to Jodrell Bank...
...narrow the abnormal gap between the cost of Fed money to member banks and the rate at which the banks could lend money to their customers. After commercial banks upped the rate to their best customers from 4½% to 5% (TIME, Sept. 14), the interest spread rose to 1½%. Moreover, for several weeks the old discount rate was actually below the going market rate on U.S. Treasury bills, creating an opportunity for banks to borrow from the Fed and make a neat and riskless profit by investing in Government securities...
...pretty well loaned up." Inventory buying has already begun to level off. In 1959's first half, manufacturers boosted inventories by a near-record $2.9 billion, raised the total to $52.1 billion, fast approaching the alltime high of $54.2 billion in mid-1957. But in July, inventories rose by only $100 million. The steel strike is another major factor in slowing inventory buying. "Steel is having its recession right now," explains a steel company economist. "Deferred demand will mean good and profitable business for us at least through...