Word: spiral
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Dates: during 1960-1969
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...costly in the mountain valley that houses Caracas, but the hill called La Roca Tarpeya, considered too steep for building sites, long stood barren right in the middle of town. Now an ambitious young builder is covering the rock with a cap of concrete and glass to form a spiraling, 25-acre commercial area worth $30 million. Architect Jorge Romero Gutiérrez, 36, calls his project "the helicoid," or spiral. In the two years that construction has been under way, Romero has spent $16.5 million, and last week the helicoid was 60% finished...
Traffic will enter the helicoid from Caracas' main north-south street, and spiral up the ramp past shops selling everything from groceries to jewelry. A separate spiral will handle down traffic, and frequent exits will allow changeover between the two lanes. Pedestrians will ride elevators and an escalator...
...March rate of industrial production. It dropped a point on the 1947-49 index to 165, and a point on the Federal Reserve Board's new index, from 110 to 109. But against this could be set another indicator suggesting a pickup in business. Reversing a downward spiral that started in early March, the average interest rate on the Treasury's issue of $1.1 billion in 91-day bills jumped by nearly a point to 3.622%, indicating that money is once again tightening up as business rolls forward...
...tallest apartment houses ever built will start rising this summer in the heart of Chicago's downtown area, north of the Loop. Architect Bertrand Goldberg, 46, a onetime student of Mies van der Rohe. devotes the first 18 floors of his pair of circular towers to a spiral ramp for automobiles, and the top 40 stories to pie-shaped apartments, each with its own balcony. Called Marina City, the project will fill a 3.1-acre plot, now occupied by a railroad siding bordering on the Chicago River hard by the famed Wrigley Building, will include drydock storage space...
...institutions achieve perfection of layout just before collapsing, and how the deliberations of any finance committee "will be in inverse proportion to the sum involved." The Law and the Profits, well illustrated by Cartoonist Robert C. Osborn, is twice as long and half as funny. Grappling with the tax spiral and inane bureaucratic waste, the onetime Raffles Professor of History at the University of Malaya has understandably lost some of his donnish laughter...