Word: stocked
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Dates: during 1960-1969
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...mine dumps surrounding the city, the streets were jammed with well-dressed crowds on their way to the bioscope (movies), restaurants, cafés and espresso bars. Giant construction cranes hovered over the beginnings of three new skyscrapers, the tallest of which will have 51 floors. The Johannesburg stock exchange hit a new high, and the city was in the throes of a water shortage, limiting the hours that home owners could water their lawns...
...ride in white trains, buses or taxis, to use white public restrooms, attend white churches, send their children to white schools, even to sit on park benches bearing the insulting words Slegs vir blankes (For whites only). They may spend their money in white stores and invest in the stock market, but to mail a letter they must enter the post office through a separate door and buy their stamps at a separate window. "South Africa," says Laurence Gandar, editor in chief of Johannesburg's Rand Daily Mail, "is a nation that has lost...
...effect of the vast complex of apartheid laws is often ridiculous. The Japanese, who trade heavily with South Africa, are officially classified as "whites"; East Indians, who are descended from Caucasian stock, are '"Asians." A Greek immigrant from Cyprus was nearly refused entrance to South Africa recently because he had acquired a deep suntan on the ship. Since white athletes are forbidden to compete against nonwhites, South Africa has had to cancel its longstanding rugby rivalry with New Zealand-which allows Maoris to play on its team...
...federal judge Dudley B. Bonsal said that Lamont had bought his stock after a press conference announcing the discovery, and therefore, had not violated the law. The law prohibits "insiders"--officers, directors, and major stockholders--from using privileged information for their own gain...
...original SEC suit, filed in the spring of 1965, charged that 14 men had used advance knowledge of a copper ore strike in Timmons, Ont, to buy stock in Texas Gulf Sulphur. Lamont was initially said to be the only man not to have profited personally from the information; the original suit merely said that he had passed the information on to a friend, who had made large purchases for several banking clients. The suit was later amended, however, to charge that Lamont had bought securities for himself...