Word: wall
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Dates: during 1960-1969
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...There is a tendency for students to wall themselves of into separate groups in terms of their own sets of prejudices and interests," Bender admitted, generalizing on the various group personalities he has observed: "My general impression is that boys with athletic abilities and interests tend to be more broad-minded and have a greater breadth of interests than members of other groups. The self-conscious intellectuals, for example, tend to be more narrow and in their interests, and are usually more arrogant in their approach to problems than are the athletes...
Saved by a Flash. Faithfully as they had imitated Blue Monday's plunge, foreign exchanges shot up on the news of Wall Street's Tuesday rally. On the Frankfurt Exchange, Volkswagen shares abruptly jumped from $125 to $145-higher than before the price break. In London, the Evening News headlined BOOM AFTER GLOOM and the Financial Times index showed its biggest morning surge since the 1959 Tory election win-though prices sagged again by week's end. Most dramatic of all was the recovery of the Sydney Stock Exchange: slow to receive news of Blue Monday, Australian...
Along with Sydney, two other major foreign exchanges rode out the storm almost unaffected. In Tokyo, stock prices were already so low that Wall Street's gyrations produced only minor ripples. And in South Africa, rigid government currency controls have so cut off the local financial community from the rest of the world that the Rand Daily Mail index shrugged off Blue Monday with a drop of only one-tenth of a point. Mused one Joburg broker: "There might be something to isolation after...
...Dream of Freedom. One result of the week's unnerving slide was an outburst of resentful complaints at Wall Street's ability to panic stockholders everywhere. Protested Belgium's leading financial paper, L'Echo de la Bourse: "Nothing in our industrial situation justified an adjustment of such importance." Zurich's Neue Zürcher Zeitung wished that Swiss stock markets "would show some sense of emancipation" from Wall Street. But with the international financial community becoming ever more intertwined, one man's aches are surely going to continue to be another's pains...
...Daily News, Times, Post, Journal-American, Wall Street Journal...