Word: traded
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Dates: during 1960-1969
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...country's 10,000 Communist terrorists had been subdued by British and Malayan forces. The drive was a notable success, often wistfully compared with the considerably different results in Viet Nam. But the Communists have never completely abandoned the field. Going underground, pro-Mao Communists have infiltrated trade unions and set up cover organizations and political parties. Worried officials report that in Sarawak, bordering Indonesian territory, Communists have successfully penetrated the whole fabric of society, from political parties to schools. In some rural areas, agents are openly training youths in armed guerrilla warfare...
...report to Congress last week, the Fed eral Trade Commission recommended by a 3-to-2 vote that cigarette ads be altogether banned from radio and TV. The Commission specifically objected to ads that equate smoking with good times, and noted that in January alone, viewers between twelve and 17 were exposed to a total of 60 cigarette commercials, mainly on such favorite teen-age shows as the Smothers Brothers Comedy Hour and The Wednesday Night Movie...
Conveniently Deaf. TV pushes this vision to an overwhelming degree. Empires have been built on commerce, trade has opened up frontiers, but nothing like the TV sales pitch has ever existed before. Despite the genuine entertainment that so many of the good commercials afford, television still succeeds in crushing its viewers with ads that are too annoying, too loud, too often and just too much. Roughly 20% of TV air time is given over to commercials (see chart, next page). This year 2,000 advertisers will pour $3.1 billion into television advertising twice the budget of the poverty program reaching...
Profitable Options. Stockholders can opt to trade a share of Container Corp., worth $38 at week's end, for a $45 share of convertible preferred stock in the yet-to-be-named holding company. Or 49% of them can have a $55 debenture paying 61% interest for 20 years-a security that analysts figure could be sold immediately for a tidy profit. Wards' stockholders can swap only one share of Wards for one of holding-company common stock, but they have a strong incentive to do so. Container Corp.'s profits of $32.9 million last year were...
While years of balance of payments deficits have weakened the dollar and forced the U.S. to curb the outflow of its money to foreign countries, the rising strength of the Deutsche mark has impelled West Germany to take an opposite course. To offset their embarrassingly big trade surplus ($4.2 billion last year), the Germans have started exporting large quantities of investment capital to the rest of the world. Last year that flow of money reached $900 million, and this year it is expected to grow even further, to $1.5 billion. Reinforcing the trend, Germany's aggressive Dresdner Bank...