Word: stocked
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Dates: during 1960-1969
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...headquarters for more of the world's commerce than any other business center, its ripples quickly spread across the nation, affecting thousands of businessmen and, potentially, millions of their customers. Banks and securities dealers from Chicago to Dallas ran into snags that curtailed check clearing and stock trading. Some ocean shipments were diverted to other ports. Traffic dropped as much as 15% on railroads along the Boston-Washington axis...
Costly Shows. Jan. 1, 1966 also brought some tax sweets along with the sour-at least in theory. In the second stage of a long-term Government rollback on excise taxes, cuts from .04% to 20% went into effect on items from stock transactions to club dues. The first cutback, effective last July 1, influenced such merchandise as furs, jewelry, leather goods and photographic equipment. According to government studies, manufacturers in their pricing passed 90% of the benefits of that $1.8 billion cut along to consumers. This year's cutbacks, which will cost the Government $1.6 billion more...
...call tax has been cut from 10% to 3%. Thus the $1.10 maximum price on long-distance calls anywhere within the U.S. after 8 p.m. will drop to $1.03. Also to be passed along are the 10% excise cuts on telegrams and the minuscule .04% to .11% saving on stock and bond transfers, which for all its smallness will still amount to $75 million for the consumer...
Easing in New York. The situation, however, annoys European governments and agencies whose own issues are shouldered aside in the rush for American issues, which pay less interest but often have the attraction of convertibility into shares of common stock. Recent Dutch and Finnish bond issues sold badly; the European Coal and Steel Community has postponed a $20 million issue in view of market uncertainty as has the Transalpine Pipeline Co.; the Swiss bond market has sagged 10% in recent months as investors have sold European holdings to buy American. Europeans are increasingly waspish about the disproportionate share of their...
...plot, characteristically Hawksian, tells of the rough-and-ready guys who race stock cars and their turned-on track followers who cry, cheer and deliver romantic ultimatums that any dewy-eyed dropout might treasure. Scene after scene, brand names-Ford, Omega, Honda, Revell, Firestone, Grey-Rock brake linings-are dragged in like spare parts, as if to guarantee the authenticity of all that happens between location shots of screeching wheels and fiery crashes. "That was a close one . . . oh-oh, there's another one!" cries the agitated track announcer, valiantly promoting the idea that death lurks at every curve...