Word: spurts
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Cohen believes, follow cycles, and can only be hastened slowly. The early part of the New Deal, he notes, marked a high point in modern social history, followed by a plateau until 1946. Modest advances were made in the Truman and Eisenhower years, and a big spurt took place in the first two years of the Johnson presidency. Now the curve is descending somewhat again. He foresees another spurt ahead, but fears that it will come "later than it should...
Alcoa's business has continued to spurt so far this year, which is no small accomplishment in view of the un certainty clouding such key aluminum users as the automobile and home-building industries. Part of the explanation is customer stockpiling as a precaution ary hedge against a possible aluminum strike this summer. The company has also benefited from the copper indus try's marathon strike, during which it has made headway in its efforts to substitute aluminum for copper in telephone cables. Although technological problems still have to be overcome before aluminum can compete with all other...
...Aldredge makes an antiseptically uptight Wurz. The charmer of the production is Wurz's dimpled dumpling of a wife, played by Maxine Greene, 23, making her Manhattan debut-as a human being; her previous appearances have been in The Wizard of Oz as Toto the dog, and in Spurt of Blood as an orangutan...
Climbing Rates. This year's spurt of borrowing has already driven interest rates up by ½%, to 7¼% for ordinary Eurobonds. To keep rates from climbing higher, some European central banks have been feeding dollars into the private market. U.S. corporate borrowers have kept the interest bite down to 5% by making their offerings eligible for later conversion to common stock. Though conversions dilute the value of shares owned by existing stockholders, the 2% difference in interest could mean a $6,000,000 saving over the 20-year life of $30 million of bonds...
...latter tends to draw funds out of stocks into higher-yielding, fixed-income investments-which is what happened late in 1966. When President Johnson-whose every major pronouncement causes the market to react, and often to overreact-called for a surtax early in 1967, he helped the market to spurt. Professionals figured that if taxes rose as an anti-inflationary measure, the Federal Reserve's Chairman Martin could loosen up a bit on money and interest rates. But the market went down whenever opposition to the surtax was voiced by Congressman Wilbur Mills, the House Ways and Means Committee...