Word: rose
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Dates: during 1960-1969
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Political Gagman Art Buchwald got the star billing, of course. But still, Bill Moyers, 32, won his share of the laughs when he rose to address the Women's National Press Club in Washington. Now working as publisher of Long Island's Newsday, which is owned by Captain Harry Guggenheim, Moyers told the "true inside story" of how he came to leave the White House. "The President called me in one day and said: 'Bill, when you took over as press secretary, the polls were 60-40 for me. Now they're 40-60 against...
Altogether an impressive 416 Big Board stocks last week hit new highs for the year. Many investors had already discounted first-quarter setbacks and were buying in expectation of a strong year. General Motors gained $5.25 a share despite a 34.5% plunge in profits (see following story). Chrysler, which rose $2.63 two weeks ago in the face of a 71% profit dip, added another $1.75 last week to reach a 1967 peak of $44.25. When Du Pont reported a 24% profit decline two weeks ago, its shares jumped from $147 to $158.25; last week Du Pont traded as high...
...failed to increase, and, in the most reassuring indication of all, Ackley pointed out that "we have been encouraged by the apparent speed of the inventory adjustment, with accumulation actually falling to zero in February." The latest of the leading indicators for March verified the trend: personal income rose $3.4 billion to a record level of $613.1 billion at a seasonally adjusted rate...
...Investors have largely discounted falling profits; no sooner did Chrysler Corp. announce a 71% drop in earnings than Chrysler stock went up. What interests the market now is the general economic outlook. On Administration reassurances that it is going to get better, the Dow-Jones industrial average rose for seven straight trading sessions, closed last week...
...short supply. In Manhattan, private apartment building dropped to an eight-year low of 2,812 units last year, and rent increases of as much as 10% have become common when leases expire in apartment building units not subject to rent control. "By midyear," says President Irving Rose of Detroit-based Advance Mortgage Co., "the apartment market should be particularly tight in New York City, Detroit, San Francisco and San Jose, Calif...