Word: turning
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Dates: during 1950-1959
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...cash, forgo dividends and interest, and accept the hazard of a gradual decline in the buying power of their money, can get high safety and liquidity. Speculators can buy a 1-kilo bar for as little as $34 margin plus $63 a year on the unpaid balance, stand to turn a handsome profit if the price of gold should rise. In effect, they bet that the U.S. Treasury, which has been able to corner more than half of the free world's gold supply with its standing offer of $35 an ounce, will not peg the world price...
...student's choice of major-assuming he has met minimum science requirements-has no bearing. Writes Author Dean K. Whitla, director of Harvard's office of tests: "It would be regrettable if some of our students who plan to become doctors felt that they must turn away from their interest in the liberal arts for fear of being rejected at medical school without a premedical major." Surprise of the study: at Harvard Medical School, premed-prepared students do better the first year, but by the third year they fall slightly behind students who majored in the social sciences...
Even sweeter for King is the fact that he now stands alone as a giant of the press, just as did his famed uncle, Alfred Harmsworth, first and last Lord Northcliffe and turn-of-the-century founder of Britain's popular press. (Amalgamated was founded by Northcliffe, strayed to other hands after he died in 1922.) King (TIME, Dec. 5, 1955) has the level, grey-blue eyes and careless forelock of his uncle, whose picture hangs behind his blacktopped desk. But the two men are fundamentally different: the mercurial Northcliffe had a sure instinct for mesmerizing the masses; King...
...cleared the University of Cincinnati backboard. Whirling in the air before he hit the floor, he sped downcourt, dribbled expertly past three New York University defenders, plowed in and sank a difficult lay-up shot. Moments later, with the ball in his hands once again, he started to turn for a hook shot. Hit hard by an N.Y.U. player, he fell heavily to the court, but on the way down he somehow managed to arch the ball toward the basket with a flick of his powerful wrists. As he lay flat on his back, Cincinnati's Oscar Robertson watched...
Born on a Tennessee farm, Oscar lives with his family in the section of Indianapolis known as the Dust Bowl, followed in the footsteps of his basketball-playing brothers Bailey and Henry (Bailey played with the Harlem Globetrotters). Cincinnatti fans fear the Big O may turn pro after this season, but Robertson insists he will play his senior year for the Bearcats. Adds his mother fiercely: "The pros can't touch him. I'll have something to say about that. He's going to finish school first...