Word: wall
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Dates: during 1960-1969
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...keep their German shepherds mean, hungry and on the alert for escapees, East German police at the Berlin Wall feed the guard dogs just once every 48 hours. The only trouble with such severe rationing is that the dogs themselves often develop a hankering for a bigger bone in the West. In the past year, at least three have slipped the leash to swim or dash into West Berlin...
...Wall Street hates a mystery - uncertainty is bad for the market - but it has harbored a mystery of its own for the past few weeks. While the U.S. economy enjoyed its fastest-rising first quarter in peacetime history, while hundreds of stocks surged ahead, while the bulls clearly outnumbered the bears on the Street, the Dow-Jones average of 30 industrial blue chips barely moved after it hit a record of 906 in early February. Last week, in a series of stirring sessions, the blue chips finally took off. Led by General Motors, A.T. & T., Woolworth and Swift, the market...
...While the Dow-Jones stocks rose only 2% during the first quarter, calculates Wright's Investors' Service, the 1,226 commonly traded issues on the New York Exchange jumped an average 8% each. Among the sharpest gainers, Admiral Corp. rose 58%, KLM Airlines 94%, Allied Products 137%. Wall Street's smaller, cheaper issues (average prices: $52 for all stocks on the Exchange v. $75 for the Dow-Jones blue chips) have been sent up by Main Street's small-money investors and other private traders. After being scared away by the 1962 break, investors trading...
...selling before April 15. On the international front, the U.S.'s military gains in Viet Nam, the nation's apparently successful campaign to narrow its balance-of-payments deficit and Britain's determination to solve its problems with a belt-tightening budget have generally given Wall Street a more positive outlook. Then, of course, there are all those record corporate profits (up some 9% in the first quarter) and bright economic indicators at home (see THE NATION). So long as they continue, the stock market is almost certain to move well up into the 900s by year...
...semantic sophistry, Mrs. Rudolph suggests that the old cliche criticism of the Ivory Tower should be discarded; college should not try to prepare one for the real world but rather inculcate ideals for which the student-citizen-to-be will strive once he leaves the Yard for State Street, Wall Street, or Easy Street. A nice thought, perhaps; it could be worked up into a dandy epigram, but it hardly seems worth the space. An expert on eastern culture, Mrs. Rudolph would much better have devoted her energy to scoring the nation's universities for Western parochialism...