Word: rosee
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Dates: during 1960-1969
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...last week continued to hammer at Hanoi's roads, bridges and fuel depots. As in the week before, Hanoi responded with the most sophisticated weaponry in its defensive armory-and again found it useless. Twenty SAM ground-to-air missiles were fired. All missed. Supersonic MIG-21 fighters rose to tangle with U.S. Air Force F-4C Phantoms flying bomber escort north of Hanoi. North Viet Nam is thought to have only 15 of the advanced Russian jets, and the encounter cost them two of those, knocked down by the Phantoms' Sidewinder missiles-the second and third...
...ominous black mountains from Bottrop to Bochum. To the Ruhr, it brought the fear of mine closings, short shifts and layoffs. The big steel firms are running at a scant 80% of production capacity. Add to that the perennial German fear of inflation, and the fact that living costs rose 4.4% in the past year, and the stage was set for trouble...
...total price of the stocks being divided by the number of stocks. In its first year (1896), the prices added up to $491, which was divided by twelve, the number of industrials then listed, to yield an average of 40.94. Over the years, the number of stocks listed rose to 30, but not the divisor. In fact, each time a split or stock dividend occurred, the divisor was lowered, otherwise the Dow would have dropped abruptly without a corresponding decline in the stocks' intrinsic worth...
...result is a world copper shortage and strong upward push on prices. Earlier this year the price rose to a breath taking 98¾? a lb. on the London Metal Exchange, a small-volume speculative market to which users turn when regular sources fail. In April, Chile, unable to resist temptation, broke a producers' agreement that had pegged the price at 42? a lb., went up to 62?. Zambia then decided to sell at L.M.E. prices, now 72?, and Peru-based companies followed suit. Last week Chile again hiked its price, this time...
Died. William Parker, 64, a tough, abstemious career cop who earned a night school law degree and rose in the Los Angeles Police Department to become its chief in 1950, a post in which he built one of the finest, most efficient forces in the U.S. but became a target of criticism from Negro and other minority groups that reached a crescendo during his handling of the Watts riots last year; of a heart ailment; in Los Angeles...