Word: rosee
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Dates: during 1960-1969
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...pleased with the return of the symbol of his legendary succession from King Solomon and the Queen of Sheba, Emperor Haile Selassie is not satisfied. The trophy he wants most still stands near Rome's Circus Maximus. It is a finely carved, 83-ft. granite obelisk that once rose above Ethiopia's ancient capital of Axum...
Benny the Bum. Myths endure, but their purveyors do not. Last week, after a century and a half of continuous publication, the Post came to an end. Readership had remained high in recent years, but costs rose higher and advertising revenues went down. Largely because of the Post's problems, the parent Curtis Publishing Co. had lost $62 million since 1961. The Post figured to cut its deficit from $5,000,000 last year to $3,000,000 in 1969, but hopes of regaining advertisers remained dim. The Curtis board of directors, bowing to the inevitable, gathered...
...their minimum interest rate on home mortgages from 7¼% to 7½%. At week's end Manhattan's First National City Bank increased by one-fourth of 1% its charges for auto, consumer and home-improvement loans. The true annual interest rates on some personal loans rose to more than...
Thrilling as it was, the Rose Bowl contest could not match the game played later on in Miami for suspense. The Orange Bowl provided one of the wildest endings of any bowl game ever as Penn State defeated Kansas 15-14. Trailing 14-7 with just over a minute remaining, Penn State Quarterback Chuck Burkhart hit Bob Campbell with a desperation pass from his own 49, and Campbell made it to the Kansas 3-yd. line. On third down, Burkhart rolled out for the score. His pass for a two-point conversion failed, but Kansas was penalized for having twelve...
Speculation and Shift. Altogether, 1968 was a fairly disappointing year for blue-chip industrial shares. Propelled by political as well as economic events, the Dow-Jones average bounced erratically, but gained only 4.3% for the year. Broader-based indicators of Big Board securities rose about twice as much. The New York Exchange index of all 1,249 listed common stocks climbed 9.4% and Standard & Poor's index of 500 issues rose 7.7%. On the American Stock Exchange, a haven for low-priced and often volatile issues, prices soared an average...