Word: rosee
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Dates: during 1960-1969
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...Richard G. Kleindienst, 40, director of campaign field operations. As extraverted as Kitchel is introverted, Kleindienst rose through the G.O.P. ranks in Arizona to become state party chairman and, as one friend puts it, "a full-fledged political animal." As Goldwater's advance man, Kleindienst has displayed a tendency to whirl off handshaking and backslapping in all directions. When he first barnstormed into Chicago, complains one Goldwater man, he rushed about making deals only to find he had missed the real party leaders, later had to do some fancy backpedaling. Kleindienst also finds time to promote his own political...
...Market" or "the Blue Chip Market," most Wall Streeters thought that the averages were healthy, substantial and well based. Small investors are coming back; during the past fortnight, about 7% more purchases than sales of odd lots-fewer than 100 shares-have been made. Other bright signs: four stocks rose for every three that fell, and the whole market was led up by the shares of the nation's biggest, most broadly owned companies...
...UNEMPLOYMENT: The problem is serious-the unemployment rate in June rose from 5.1% to 5.3%-but it is not as bad as the figures indicate. In its overly broad definition of "unemployment," the Government counts among the jobless such people as fulltime students looking for part-time work, and the job-seeking wives and children of laid-off workers. What if other countries did the same? Sweden, celebrated land of low unemployment, not long ago adopted the U.S. system; to their chagrin, the Swedes soon found that their national unemployment rate was four times higher than under their old, looser...
...road, shorn off many of its unprofitable branch lines and short-haul passenger trains, aggressively adopted piggybacking and bought the world's largest railroad-owned computer to direct freight and handle accounting. Result: in 1963's expanding economy, after a monotonous downgrade run, C.P.R.'s earnings rose 24% to $40.1 million, the highest since 1957. Canadian Pacific Airlines also broke through the profit barrier to earn $350,000 in 1963 largely because of a wise investment in five DC-8 jets; even Canadian Pacific's hotels earned...
...irritated its up over neighbors, does not extend to Asian currency. With Australian exports to Asia up by 300% since 1959, money is flowing down under where immigration cannot. During the first ten months of fiscal 1963, reported the Australian government, the value of Aussie goods exported to Asia rose to $855 million, exceeding 1962's record-breaking total of $778 million. So far in 1964, Japan for the first time has displaced Britain as Australia's No. 1 customer, and Red China is buying more than 53% of Australia's wheat exports...