Word: spree
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Whether or not De Gaulle originally wanted the terrible burden of settling the Algeria problem, 45 million Frenchmen have delegated it to him. Most Frenchmen, enjoying unprecedented prosperity, are on a delayed spree of buying everything from refrigerators to ski trips, and are simply not in the mood to worry about politics. Alone in his responsibility for Algeria, De Gaulle operates from...
Admirers sent dozens of gifts to his three-room hotel suite, about the same size as the tin-roofed, concrete-block bungalow back home in Groutville to which the Verwoerd regime restricts him. He went on a shopping spree with his wife, delighted photographers by throwing a few snowballs outside the Norwegian Storting (Parliament). But it was when Luthuli rose in the great hall of Oslo University to make his acceptance speech, and at a dinner the next evening, that he lifted the occasion far above mere warmth or politics. Dressed in his tribal costume-flowing blue-and-black robe...
Demand proved too great even for the Government's hoard. In the past few weeks, a new buying spree cut the Treasury's silver holdings, over and above the amount legally required for currency backing, by nearly one-third to a scant 22 million ounces...
...Buying Spree. The Government's role in the silver market, which originally was to buy silver to keep prices up, had become an untenable anachronism. Largely because of new uses for the metal in the electronics and aerospace industries, the U.S. last year consumed 150 million ounces of silver, v. domestic production of only 36.8 million ounces. As increasing demand put an upward pressure on prices, the Treasury was able to maintain the market price at 91? only by selling huge amounts of its stockpiled silver...
After two months of milling around indecisively, U.S. investors last week went on a buying spree that sent the stock market charging up. On one day alone, a record 1,360 issues were traded on the New York Stock Exchange, well over 6,000,000 shares changed hands, and the Dow-Jones industrials index climbed 9.14 points to 723.74-just a shade below its alltime peak of 726.53 in early September. At week's end, still on the rise, the market...