Word: strictly
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Dates: during 1960-1969
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These men deal in the issues of 11,000 companies that are not listed on any exchange. Unlisted issues are often the sharply curving "glamour" stocks, but they also include some solid shares of major companies that do not wish to be bound by the exchanges' strict reporting rules. Over-the-counter trading has increased 700% since World War II, and accounted for roughly 38% of the $103 billion worth of stock sales in 1961. Some 1,100 stock wholesalers operate in the O-T-C market. When a broker places an order for a customer, the wholesaler either...
Heading the four-man junta that took over is Navy Commander Ramón Castro Jijón, 48, who immediately declared that the new regime was anti-Communist and democratic. In the first 24 hours, the junta imposed martial law, established a strict curfew, outlawed the Communist Party, and pledged to go after bands of pro-Castro terrorists roaming the backhands. Next year's presidential election was canceled, but the military officers promised to call a convention to draft a new constitution "when opportune." The U.S. would probably recognize the junta. But whether sober soldiers, governing by martial...
...really cared about." An Editor to the End. When Alicia entered Doctors Hospital in Manhattan last month with a bleeding ulcer, she ignored doctors' protests, ran the paper from her bed, ordering stories, discussing projects, arguing with editors by phone. By taking it easy and following a strict diet, she could have cured her ulcer without an operation. "But she wanted the surgery," said Newsday Editorial Director Bill Woestendiek. "She said she wanted to live her life her way or not live at all." So last week she was wheeled into the operating room. Bleeding from the first surgery...
Some clergymen who felt that the court's decision was unassailable on strict constitutional grounds were nonetheless disturbed by it as a long step toward secularization of U.S. life. Devotional exercises in public schools, though often perfunctory, have helped to bring religion into children's lives, and perhaps helped some youngsters to grow up into more moral adults than they otherwise would have become. Many religious Americans, while accepting the court's decision as law, regarded it as a loss to religion, to morality and to the children-a loss that parents and churches must strive...
Poor Gordon. He was already under sharp fire in the Commons for the way he had called in outside help to prepare his budget. Despite the usual strict rules on budget secrecy, he had help from three private businessmen-Martin O'Connell, a specialist in municipal finance, Geoffry R. Conway, a tax accountant, and David Stanley, an investment analyst. Opposition sharpshooters pounced on this indiscretion...