Word: sharpest
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Wall Street quite obviously agrees with the prognosis. President Johnson's March peace overtures gave the stock market its sharpest two-week surge in two decades. And last week the market quickly shook off the subsequent dip prompted by the Federal Reserve Board's increase in interest rates. The advance carried the New York Stock Exchange index of all issues traded on the Big Board to a record high of 54.26, up .87 for the week. "The only thing capable of reversing the prevailing psychology," says Analyst Robert T. Allen of Shearson, Hammill & Co., "is a complete breakdown...
...daily record: 20,410,000 shares on April 10. Even with trading cut to three days by suspensions for Martin Luther King's funeral and Good Friday, the Dow-Jones industrial average rose 39.88 points to make a two-week gain of 65.02. It was the sharpest rally of the decade, and it hoisted the index of 30 blue-chip industrial shares to 905.69, highest since Jan. 9, wiping out nearly all the losses that followed the Viet Cong Tet offensive and the great gold rush...
...Federal Reserve, as is its custom, waited until the stock markets closed on Thursday to announce the new rate. The move was wise. Already that day, on news of the growing gold crisis, the Dow-Jones industrial average had fallen 11.32 points for its sharpest drop in 18 months; on the New York Stock Exchange, declines in stock prices outnumbered gains by 10 to 1. Next day, while London's market was shut down, New York opened on schedule, and in an equally busy day the industrials regained half of what they had lost. Most of the activity...
...obvious doubts, neither of the sharpest of the senatorial critics of the Johnson Administration's handling of the incident-Wayne Morse and William Fulbright-questions that some sort of an engagement did take place on Aug. 4. Others are not so sure. Yet even if it is conceded that the attack did happen, many substantial questions remain unanswered. The Administration, argues Fulbright, "didn't have a clear call to war" and acted precipitately and with inadequate evidence in sending American planes to bomb North Viet Nam. Last week's testimony strongly suggests that the Administration did indeed...
Amusedly saddened by his own middle-aged moral spread, Mailer moves with almost prissy distaste among the rabble. His sharpest barb is reserved for Poet-Polemicist Paul Goodman, who "looked like the sort of old con who had first gotten into trouble in the Y.M.C.A., and hadn't spoken to anyone since." Arrested himself during the opening hours of the Pentagon siege, Mailer winds up in the same paddy wagon with a tall, ferocious American Nazi, and stares him down in the inevitable Mailerian confrontation of wills. "You Jew bastard," shouts the Nazi. "Kraut pig!" replies Norman, only...