Word: walls
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Dates: during 1960-1969
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Crowding nine wall sections in two adjoining rooms are a series of huge tableaux depicting the tumultuous five years leading up to the ouster of Mexico's last dictator, Porfirio Díaz, in 1911. Arranged in kaleidoscopic profusion are the principal figures, from the greedy courtesans and grasping businessmen who fattened under the Díaz regime to the labor leaders of the 1906 Rio Branco strike and the by-now mythological heroes of the revolution, Zapata, Carranza and Madero...
...weeks now, former White House braintrusters of such varied stripe as Walter Heller and Paul Samuelson, editorialists as far apart as the Wall Street Journal and the New York Times and Senators of such diverse views as New York Republican Jacob Javits and Missouri Democrat Stuart Symington have been sniping at everything from the government's fiscal blunders and the often broken wage-price guidelines to the faulty forecasting of the President's Council of Economic Advisers. Finally, when Wisconsin Democrat William Proxmire called 1966 "the year of the big goof," charging that the Administration had underestimated Viet...
...prime-rate battle ends depends more than anything else on the Federal Reserve Board. With the economy cooling off, the board allowed bank credit to expand at an annual rate of 9% during December. Preliminary estimates last week put the January expansion at about 15%. With that, Wall Street analysts figured that the board's next move might even be a cut in bank-reserve requirements-which would spread an easing of credit across the nation...
Even that would have been unusually brisk as recently as 1965, but not any more. In the early weeks of 1967, Wall Street has seen Big Board stocks change hands faster than ever before...
...long run, there is little doubt that the U.S. public's affluence, population growth and ever-increasing interest in stocks have made big-volume trading more or less permanent. At least Wall Street is acting on that assumption. Bache & Co., for example, has acquired a Univac 494 geared to a 20 million-shares-a-day market. When that day comes, it will be interesting to see how the New York Stock Exchange itself chooses to cope with it. On busy days, its two-year-old ticker already flashes stock transactions as fast as the human eye can read them...