Word: rushing
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Dates: during 1960-1969
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Shades of the gold rush. In Virginia City, Nev., prospectors jammed the land office to stake out claims near the old Comstock Lode. New find? No. Old sharpie. Word was out that Mystery Zillionaire Howard Hughes, 62, had just paid $225,000 for a 480-acre claim in the area, and one of Hughes's advisers speculated that perhaps $12 billion in gold remained buried in the nearby Sierra Nevada Mountains. The investment was peanuts compared with the gold mines Hughes has already picked up. In 15 months he has spent $125 million in the state, last month closed...
...shares, topping a record of 65,948J60 shares set last Jan. 12. Despite a 6.71-point dip on Friday, the Dow-Jones industrials climbed 25.14 points during the week to 865.81. Investors bought heavily in automobiles, office equipment, savings and loans, electronics and glamour issues. Panicky speculators rushing to buy shares they had sold short in anticipation of falling prices accounted for some of the week's rush. More important, said brokers, mutual funds moved into the market: at the end of February (the latest available official figures) the funds had $3.4 billion in cash, or 8.2% of their...
...lovely sunny afternoon in the green valley ot Nam Hoa, about ten miles southwest of Hué, I was with Warrant Officer Ostara, an Australian adviser with the South Viet Nam army, standing on the sloping sides of a recently dug hole. In the bottom were rush mats over sheets of plastics. Ostara drew them back and I saw two bodies dead Vietnamese, with their arms tied behind their backs just above the elbows. They had been shot through the back of the head, the bullet coming ou through the mouth. The faces would have been difficult to recognize...
Ironically, last week's sale served to stir up potential trouble in another quarter. Wall Street called it "the great money rush." Enticed by the 6.45% return on a Government-backed security with interest payments every six months, salesmen and secretaries, doctors and housewives overwhelmed traders with buying orders. One result was an unexpected drain on savings banks, one of the major sources of mortgage money. If it continues, the outflow could lead to another shortage of home loans-the very kind of shortage FNMA was created to help prevent...
...Pavese. His characters are en gaged in a relentless search to figure out what it is they want from a prosaic life; that too was Pavese. He was a lonely man, and his narrators are lonely; they are wanderers, loving solitude and yet caught up in the senseless rush of people who have a need for febrile action, drink and meaningless sexual bouts...