Word: spate
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Dates: during 1950-1959
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Canceling his plans for a flying visit to London to vote in the House of Commons' economic debate (see FOREIGN NEWS), Sir Winston Churchill, 83, taking his ease on the French Riviera, unwittingly stirred up a spate of rumors that he is in bad shape. A member of his household had explained Sir Winston's absence by pointing out that Churchill was "rather tired." A swift investigation by newsmen showed that Statesman Churchill is energetic enough to paint, read, play gin rummy and eat zestfully, in a packed vacation schedule. Sample lunch: hors d'oeuvres, duck with...
Dynamics' stock is one of Wall Street's most glamorous, and hardly a week goes by without a spate of reports about another project or merger planned by the company. Last week three mergers were rumored; all were denied by the company. The glamour is more than skin-deep: a share of Dynamics' stock bought for $25 in 1952 is now worth $192 (after splits); the company's profits rose 40% to an estimated $44.8 million last year. In the deadly competition of weapons, brains and power between the U.S. and the Soviet Union, General Dynamics...
...openings were only part of a spate of new Caribbean hotels. On Feb. 24 the $22 million, 630-room Havana Hilton will open, with a casino. Already running in Havana is the $6,000,000. 252-room Capri. Puerto Rico will soon inaugurate the 359-room, ocean-front San Juan Intercontinental. In Jamaica the Arawak's record for size will stand only until next year, when the 200-room Marrakech will open on the north shore. Chief Minister Norman Manley foresees that tourism, now earning Jamaica around $25 million a year, will jump to 500,000 visitors...
...hook by warning them that they could lose U.S. citizenship if they voted. Also troubled by the one-man election: university students, particularly in Roman Catholic schools, where resentment ran high against the jailing, ever since September, of Rafael Caldera, once the Christian Socialist presidential hopeful. But after a spate of student demonstrations a fortnight ago, most colleges are temporarily closed. "The agitators can only stir up students," said Pedro Estrada, chief of the Seguridad Nacional. "They cannot stir up the workers, because everyone is making so much money...
...biggest blocks to more middle-income housing is the attitude of the Federal Housing Administration. In the early postwar years, under FHA's Section 608, builders could put up middle-income housing with FHA help without tying up a large amount of capital. But in 1954 a spate of scandals broke about .builders who made windfall profits under 608. In its zeal to tighten up, the FHA overdid things. Even though the windfall profiteers were only a handful among thousands of honest builders, FHA now suspiciously administers its new 207 program, sets extremely rigid standards, digs through construction figures...