Word: sec
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Dates: during 1960-1969
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...Dominy's recommendation, Udall ordered Glen Canyon's gates opened. That was like pulling the plug on one bathtub and letting the water drain into another (see map). In this case, the Glen Canyon water flowed, at 18,000 cu. ft. per sec., 370 miles downriver to Lake Mead and Hoover Dam. The water is still running, which is fine for the folks in Phoenix and Los Angeles. But the water loss to the Upper Basin is drying up Lake Powell, and with it the hopes there for new electric power in the near future...
...colts contested Hill Rise's claim to the $6,500 purse, and Shoemaker rode him, reported one onlooker, "as if he were the only horse in the race." Hill Rise spotted the runnerup 15 Ibs., still romped to a ¾-length victory, and came within 1⅛ sec. of tying the track record...
...days," he told Considine, "with considerably fewer casualties than were suffered during the so-called truce period, and it would have altered the course of history." The plan called for an air strike with "between 30 and 50" atomic bombs just north of the Yalu River (sec map). This would have wiped out the enemy's air capability. Then, using 500,000 Chinese Nationalist troops "sweetened by two U.S. Marine divisions," MacArthur would have landed on both the east and west sides of the Korean peninsula at the North Korean border, thus trapping the Chinese Communist armies that were...
...Exchange tried to meet such objections by presenting its own proposals to tighten floor trading, but the SEC found the proposals unsatisfactory, last month curtly broke off negotiations on the issue...
Since there are only 34 fulltime floor traders, many Wall Streeters wonder why the Exchange is fighting so hard for so few. Funston & Co. figure that surrendering too easily there would make it easier for the SEC to put restrictions on odd-lot firms and the 350 stock specialists. The Exchange wants to regulate itself as much as possible, feels that the SEC's proposed restrictions would give Washington immense controls over Wall Street and destroy the delicate balance of power now shared by the SEC and the Exchange...