Word: trades
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Dates: during 1960-1969
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...Milton Hilton. Obote, who took two years in politics and economics at Makerere University College in Kampala, is cunning and tough. Five years of his rule have brought Uganda a modicum of stability, expanded trade and improved intertribal relations. In the capital of Kampala, Obote's modern outlook is symbolized by the dozens of new office and apartment buildings that brace the skyline. Nearing completion is a skyscraper hotel bearing on its roof a six-foot neon sign with Obote's first name. It has been nicknamed, naturally, "the Milton Hilton...
Known in the trade as "the Pope of Video," Sullivan keeps a sharp lookout for anything that might be suggestive. He recently disapproved a Playtex bra commercial because "we don't want to show a girl in a filmy thing on a day when everyone's been to church and all." After he signed Elvis Presley for a record $50,000 for three appearances, Sullivan would not allow the camera to show the singer's gyrating pelvis. "He may be a purist," says Comic Jack...
Depressing History. Cholestyramine's power to lower cholesterol levels was noted early, and Merck Sharp & Dohme tried to develop a medicinal form for this purpose. One trouble was that it smelled like decayed fish and tasted lit tle better. Merck settled for selling its product, trade-named Cuemid, as a rem edy for the intolerable itching that often goes with jaundice. Duke University's Dr. Robert L. Fuson wondered wheth er, with its flavor improved, cholestyramine might not be used to lower cholesterol. Mead Johnson Laboratories, famed for many-flavored Metrecal, had the same idea. They gave...
...count more than in any other major manufacturing country-as the economy's growth rate sagged to a mere 1½% (after discounting for 3.9% price inflation). Though overall growth has picked up a bit since then, industrial production and private investment have not. The country's trade gap, a major source of its pound-threatening balance-of-payments deficit, has actually increased. Last week the Treasury announced more discouraging news about the pound's health: a $2,500,000 drop in reserves of gold and convertible currencies during September to the lowest level in two years...
...average daily volume of 9,875,-000 shares, a level that the exchange had not expected-or even hoped-to reach until 1975, is due to increased buying and selling by institutions that trade in large blocks of stock and thus shoot the totals higher. Many mutual funds, adopting a speculative mood, are turning over the shares in their portfolios far faster than they once did. And staid organizations outside the market are also coming in. Yale University two weeks ago announced that it was forming an investment company to plow more of its endowment money into lucrative common stocks...