Word: slide
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Dates: during 1960-1969
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...raise money. But it has just about killed the hopes of Treasury Secretary Robert Anderson to end the 4¼% interest ceiling on long-term Government bonds. His stand-that interest rates were so high that the Government could not sell any long-term issues-was undercut by the slide in rates, which has dropped yields on Government bonds until many are selling at around 4%. Thus Anderson, who must raise between $2 billion and $2.5 billion in new money in the next few weeks, is expected to try to raise some of it in long-term bonds, lest...
...slide in Wall Street affected the world's other stock exchanges? To the delight of foreign investors, the shock has been small. While there was a ripple of selling on some exchanges, it seemed to be over by last week...
...Brussels, stocks are well down from their peaks. The slide was led by stocks in African companies, and it has been going on for almost two years. Congolese shares listed on the exchange were valued at more than $3 billion in 1958. By last week they had shrunk to $1 billion. Despite Congolese promises of economic cooperation at the recent Brussels talks, Belgians fear for their investments once the Congo becomes independent this summer...
...Morons." Would the Combs home measure up? A spotless $17,000 ranch house, it is filled with toys and African violets; the yard has swings, a slide, a sandbox. On his $119-a-week salary, Dick Combs hoped some day to send both Alice Marie and his own two younger daughters to college. Nor was there any question of Alice Marie's affection for her foster parents. Often she woke in the night, crying: "Mommy, are you still here?" But the social workers were unsatisfied, lined up what they considered more suitable parents, a childless couple with 1) more...
...supposedly were not buying for this reason. But the big surprise of the market was that the "glamour" growth stocks, e.g., Polaroid, Ampex and Texas Instruments, selling as high as 50 times earnings, v. 15 times earnings for blue chips, had held up better than other stocks during the slide and were still close to their peaks. Many other specialty stocks whose growth potential has been recognized by investors also gained during the drop...