Word: spurts
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...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...
Harvard rallied briefly several times late in the half, the best spurt coming with about eight minutes left. Down 54-44, the Crimson got hoops from Jerry O'Neil and Gallagher. An Indian basket intervened but rarely-used backcourt man Eric Gustafson threw in a 22-foot set. Gallagher one free throw and Bobby Johnson two, bringing Harvard within four...
During the last seven minutes however, the Harvard height began to tell. A strong scoring spurt garnered the Crimson a 14-point lead--sewing up the game. The pressure tactics of Wesleyan did get three Harvard players--Chris Gallagher, Jeff Grate, and Bob Kanuth--in foul trouble and won free points for Wesleyan in the closing minutes. The three Harvard players rode the last three minutes with four fouls apiece...