Word: traded
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Dates: during 1960-1969
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...Word. White House telegrams went to all directors of all steel companies, and the Federal Trade Commission briefly threatened to open an investigation. Over the weekend, the heads of three big defense suppliers-Bethlehem's Martin, C. William Verity of Armco and Thomas Patton of Republic -were summoned to Washington for talks with Navy Secretary Paul Ignatius. Before long, their companies were issuing statements that across-the-board did not actually include shell steel, bomb casings, barbed wire and other military items. Defense, for its part, quickly claimed victory...
...that in commerce," he explains, "I could make a real contribution to national development." Owner of one of the finest libraries on Africana in Kenya, Murumbi is chairman of a large sugar refinery, a Nairobi-based export-import firm, and an advertising agency that promotes, among other things, African trade abroad...
Forbidden Sales. The shrinking volume gave Wall Street a breather to dig into its massive paperwork pileup. Despite Wednesday trading recesses, which will continue at least for the rest of the month, the problem of undelivered securities and accounting confusion remains so severe that two organizations last week took drastic steps to overcome it. Merrill Lynch, Pierce, Fenner & Smith, the largest U.S. securities firm, imposed a "house rule" forbidding its salesmen to sell over-the-counter stocks for customers unless they first have physical possession of the certificates involved. The National Association of Securities Dealers, a trade group which polices...
...take over. Note the scene in Italy, for instance, where Marcello Mastroianni, 43, and Faye Dunaway, 27, are filming A Place for Lovers for Vittorio De Sica. She helps him with his English. He helps her with Italian slang. They both help each other with their diets. They trade compliments: he likes her eyebrows, she likes making movies in his country. And there haven't even been any of those snippy romance-is-in-the-air rumors buzzing around. Says Faye, "You're always a little in love in the midst of a love scene. But to become...
...girdle sale. Actually, that wasn't far off the mark as the Beatles' Apple Boutique, London's psychedelic Woolworth's, staged a two-day going-out-of-business giveaway. Why, after eight months, was Apple closing? "We got fed up with the rag trade," explained Paul McCartney. Groused Ringo Starr: "I never could find anything to fit me there anyway." In fact, despite the Beatle name and a hefty investment, Apple was barely breaking even...