Word: walls
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Dates: during 1960-1969
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...British "grid," calling for the creation of several self-contained neighborhoods-complete with schools, theaters, shopping centers and parks. Along these lines, Mayor John Lindsay's task force on urban design suggests that New York City, rather than pack even more skyscrapers into midtown Manhattan and Wall Street, should create a major business district along Harlem's 125th Street. Governor Nelson Rockefeller, in fact, has encouraged the move by ordering the construction of a 23-story state office building for Harlem. But New York, typically at odds with itself, is also building two 110-story skyscrapers...
...door's open!" he cried. "Come out, boys, come on out!" He pulled several out himself, suffering burns on his face and back. Some staggered out on their own. Flames kept others from the exit, and ax-wielding guards and convicts frantically chopped a hole in the wall. "For God's sake, men," sobbed one of the rescued convicts, "come out." Only 16 did-and of those, three died later and five were injured...
...asking which company was putting it up. We kept telling them, 'We are painting this for you.' Pretty soon, they began to like the idea." Only problem: if a new building goes up in the parking lot, there goes the mural, sealed off from sight between old wall...
Some Disparities. The reviving fortunes of the blue chips reduced-but scarcely erased-this year's disparities among Wall Street yardsticks. The Dow-Jones industrial average, the oldest (71 years) and by far the most widely accepted gauge of stock performance, has lagged far behind every broader index. At week's end, the D.J. industrial average had risen 16% so far this year, but still remained well below its alltime high of 995.15 on Feb. 9, 1966. In reaching its new peak, the New York Stock Exchange index has gained 22% this year. Standard & Poor...
...Jersey Standard), chemicals (Du Pont, Union Carbide and Allied Chemical) and, of course, A.T. & T., the world's largest corporation. Because all the Dow industrials have large numbers of shares outstanding, it takes substantial sums from investors to push their prices up more than a mite. Many Wall Street analysts thus took last week's recovery as a signal of renewed confidence by big institutional investors in basic industry. If the rally continues, its momentum could well give the whole economy a psychological lift...