Word: sluggishness
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Dates: during 1960-1969
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With his brother Preston Robert Tisch, 34, Larry Tisch has run up a $65 million fortune in real estate, mostly by building, leasing and selling hotels from Florida to New York. Now, as chairman of Loew's Theaters Inc. (no theaters), he is moving the sluggish old theater chain into new real estate ventures-beginning with some changes in the Manhattan skyline...
There has not been anything quite like it since the stereopticon delighted the nation's tasseled parlors with its "magic" ability to make the two-dimensional seem three-dimensional. After a sluggish start in 1958, stereophonic music has finally begun to catch the ear and the purse strings of the U.S. This year's sales of stereo phonographs are nearly double last year's (1,423,179 for 1960 to date; 757,710 for 1959) and stand at more than three times those of standard players (438,011 for the year of date). Fresh labels are flowing...
...businessmen, who faced it in the 1957-58 recession and learned to live with it. Although a profit squeeze is a symptom of such major problems as foreign competition, automation and changing patterns of living, it can also be a sign that a company-or an industry-is growing sluggish and sloppy. Many of the moves that companies make to combat profit squeezes are moves that should have been made be fore to keep them trim and healthy. Thus a period of profit squeeze-like the measles-is not just an annoyance but a chance to build up a measure...
Quantity & Quality. The U.S. got off to a sluggish start in the race for space. It was the Soviet Union, using a giant rocket developed for military purposes, that opened the space age on Oct. 4, 1957 with Sputnik I. With the doomed dog Laika, the U.S.S.R. put the first animal into orbit. The Soviets scored the first hit on the moon, took the first photograph of the moon's far side. The U.S. still can not match the weight-lifting capacity of Russia's satellite booster...
...Affair, by C. P. Snow. The eighth in a projected cycle of eleven novels about Britain's New Men-the scientists, bureaucrats and educators who form a new upper middle class-this book is an expert, ironic and somewhat sluggish examination of a scientific scandal at a major British university...