Word: rosee
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Dates: during 1960-1969
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...Poet John Betjeman, assisted by Sir John Gielgud and 74-year-old Comedian Randolph Sutton. Toward the end, Sutton broke out in an old, faintly scabrous music-hall ditty, and invited the audience to sing along. High sheriffs shuffled, bankers balked, field marshals fidgeted. Then a strong, clear voice rose from the austere assemblage. And as Queen Elizabeth was heard, all joined...
...growing list of unsettling economic indicators contributed to the negative thinking. Retail sales, off 1% in May, dropped another 2% in June-partly because of an unexpected fall in auto sales. Building permits for new housing, which rose last winter to foretell this spring's burst of construction activity, are now trailing off. Railroad carloadings-often considered a key index of business activity-ran below last year's levels for most of June, and railroadmen look for July's seasonal decline to be worse than usual...
Manufacturers' new orders, which foreshadow how busy the nation's factories will be, rose .5% from April to May, but the rise was all in the soft-goods industries; orders for hard goods fell for the fourth straight month...
...exchange floor to handle the buy orders they knew would follow the news. In the 2½ hours of trading still left, A.T. & T. which had closed in New York at 108½, climbed to 110 in San Francisco, and General Electric (New York close: 63⅜) rose...
Curiously, 1961's most notable success stories were among companies which ranked well below the top ten. Impressive gains were reported by North American Aviation, which soared from 44th place up to 29th largely through increased sales of missile components and other electronic equipment; Singer Manufacturing, which rose from 86th to 77th by diversifying from sewing machines into other home appliances; and Newport News Shipbuilding, which advanced from 239th to 191st on the strength of Government orders for nuclear submarines. The high profitability of drugstore and door-to-door selling was clearly reflected by the companies with the highest...