Word: rosee
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Dates: during 1970-1979
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...fear of strikes every three years when the union contract came up for renewal that led steel customers to buy still more imports to hedge their supplies. But when steel imports rose from a 13.4% share of the domestic market in 1975 to 17.7% in 1977, the Carter Administration imposed minimum or "trigger" prices for imports based on a complex formula. Imports have fallen off to 14% in this year's first nine months, and the trigger price was reduced 1% to $347.55 a ton for the third quarter. But with the yen weakening almost 23% against the dollar...
...steamroll along at 12.7%, but the prime rate, which banks charge their preferred customers, has come down a quarter of a point from its height of 15¾%. There is a feeling on Wall Street that rates have peaked. This has energized the Dow Jones stock market average, which rose eleven points last week, to close at 822, its best performance since the Volcker rally turned into the Volcker rout after...
DIED. Jerome Cavanagh, 51, Detroit's mayor from 1962 to 1970; of a heart attack; in Lexington, Ky. Cavanagh rose to national prominence as an early champion of federal aid for decaying urban centers, but his political fortunes collapsed in the wake of his city's 1967 race riots...
...defined as the "art of representing the colored mass of objects or recording one's inner visions on a thin flat surface by means of lines which do not exist in nature." That, at least, is the explanation offered in Drawing by Genevieve Monnier and Bernice Rose (Rizzoli; 278 pages; $75), and it seems as good as any. The 365 illustrations (100 of them in color) span virtually all of drawing's long history. The text offers not only an informative historical survey but also a technical guide to the various kinds of materials that artists have used...
Nearly two and a half hours after Harvard coach Frank McLaughlin received Fordham's distinguished alumni award, his squad lost an agonizing double-overtime contest to the Rams, 81-78, here in Rose Hill Gymnasium...