Word: short
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Dates: during 1950-1959
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...legal stratagem. They turned out, in action, to be the Governor of a state seizing autocratic, political control of highly prized, independent local school systems. They turned out to be a real and forbidding threat to the competent education of youngsters in a sharply competitive national society. In short, they turned out to be the destruction of political and social monuments just as precious as the preservation of segregation...
...Senator from Arizona, to Phoenix Tower. He turned to one of his passengers. "This is the time of year I like," he said with a grin. It was campaign time, and Barry Goldwater, who had risen that morning at 4 and skipped breakfast, faced the bitterest fight of his short, happy political life...
...everything was not normal. Unaccountably, at a speed of 30 m.p.h. or more, No. 3314 rolled on through three successive signal lights-three clear warnings that a 300-ft. drawbridge span was open. Then, just short of gaping space, the train was derailed by an automatic safety device, bumped along the ties and plunged 40 ft. down...
...million people, support about 350 traveling carnivals. The big shows employ up to 500 people, pay top wages ($125 a week for pig-iron operators, as much as $2,000 for big-name acts), keep their owners in the top tax brackets. The little 40-milers (trailer shows making short jumps between towns) sometimes let a Colonel Alter save something more than a Philadelphia bankroll, sometimes are hard put to buy groceries. But big shows or 40-milers, the carnies were migrating south last week, running from the bloomers (un profitable nights) and hunting down the red ones (good nights...
Where will the market go now? Though the rise of 106 points has silenced most of the bears, some of them are still betting on a drop. Last week the New York Stock Exchange announced that the short position by Sept. 15 had declined only 158,807 shares to 5,646,414 shares, still one of the biggest totals in history. While a big short position is usually a prop under the market because it ensures buying to cover at lower levels, Wall Streeters point out that this may no longer be true. Many investors are now protecting profits...