Word: sniffs
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Dates: during 1960-1969
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...that is now down to 73% . Britain, Switzerland and Belgium keep 90% of their reserves in gold, only 10% in dollars and other currencies. On the other hand, the U.S. has persuaded West Germany to hold only 55% in gold and Japan only 15% -leading French officials to sniff that "dollars are for defeated countries." Last week's decision to cash in that extra $300 million-which may only be a starter-will raise the total of U.S. gold flow to France this year to at least $700 million...
...standard-size fashions without major alterations. For them, spandex means clothes that will give a little here or there and keep them out of the hands of the little old lady who lets out seams and fixes the collar lines. Even high-style couturiers, who have a tendency to sniff at anything not imported from foreign showrooms, showed high-style appreciation. Some-like Oleg Cassini and Hannah Troy-went so far as to rush right in with some select stretch dresses with give where it counts...
...certainly be temporary drops in the Dow-Jones average this year as the market pauses every once in a while to catch its breath. But with the U.S. economy looking stronger than ever and the stock market so free of speculative excesses, only a few cold-nosed bears still sniff a sharp price break in 1964. Most Wall Streeters rub their hands with glee when they behold the market still so full of untapped values, of stocks selling at only 14 or 15 times the company's earnings. The most common prediction on the Street: the Dow-Jones will...
...Labor Statistics has assigned different values to the food, housing, transportation and service sections of the index to get a more accurate reading of monthly price movements. Food is expected to be less important than in the existing index, and housing and transportation relatively more so. With the first sniff of inflation in the air, a key question is whether the new index, with its heavier emphasis on services, will rise faster than the old one, which has crept up 1.2% annually since...
Actually there is no black magic to the classic French diplomacy so artfully practiced by De Gaulle and his Foreign Minister. Some acid critics sniff that it is simply a matter of submerging broken promises in a torrent of new ones. In fact, it is founded on the time-tested belief that "the ironclad rule of states is to give nothing for nothing." The French have never confused diplomacy with a popularity contest, and this is a point the U.S. has been achingly slow to learn. While the U.S. is busy building up "reservoirs of good will" around the world...