Word: rose
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Dates: during 1960-1969
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Under the great crystal chandeliers of the banquet hall, the waiters kept pouring out the Dom Pérignon '62 and the guests kept pouring out Franco-German friendship. At one particularly ebullient moment, De Gaulle rose with a toast to "the friendship that our two peoples have sealed, guided by reason and emotion alike." Then a messenger arrived from the Quai d'Orsay, bearing an urgent news dispatch for Foreign Minister Maurice Couve de Murville. It was datelined Ravensburg, West Germany, and it froze the frail Couve in his mahogany chair. It also launched...
...year American Motors account to Wells, Rich, Greene, announced a creative shift two weeks ago. To succeed William R. Heese, 54, as president, the agency tapped Executive Vice President Victor G. Bloede, 48. An account man for the past four of his 17 years at Benton & Bowles, Bloede rose through the copy department. He promised to emphasize creating "effective advertising...
Both men have had dynamic careers in public office. Morse was the youngest law school dean in the U.S. when he rose to that position at the University of Oregon in 1930. During the 1930's and World War II he achieved national prominence through his activities in labor negotiation and the War Labor Board...
...stocks into higher-yielding, fixed-income investments-which is what happened late in 1966. When President Johnson-whose every major pronouncement causes the market to react, and often to overreact-called for a surtax early in 1967, he helped the market to spurt. Professionals figured that if taxes rose as an anti-inflationary measure, the Federal Reserve's Chairman Martin could loosen up a bit on money and interest rates. But the market went down whenever opposition to the surtax was voiced by Congressman Wilbur Mills, the House Ways and Means Committee chairman, whose power over economic legislation gives...
During the past year, of course, it took bad judgment, bad timing and bad luck to lose money in the market. The Dow-Jones industrial average of 30 basic blue chips rose 15% in 1967, but the Dow is much too narrow a gauge. Outmoded and inadequate, it does not come close to measuring the total market or its most dynamic companies, even though it has an exaggerated influence over the market's mood. It closed last week at 864-just about where it was three years ago. The better, broader Standard & Poor index...