Word: weeks
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Dates: during 1960-1969
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...last February's demise of the Saturday Evening Post was the fact that the Curtis Publishing Co. had no magazines at all, while the Post's sister publications, Holiday and Jack and Jill, were the property of a corporate hybrid called the Saturday Evening Post Co. Last week some semblance of the good old days was restored when Curtis reacquired Jack and Jill and Holiday. Simultaneously, there came an echo of the era when kids could earn roller skates, baseball mitts and bikes by selling Post subscriptions. Henceforth, announced the November issue of Jack and Jill, kids...
...influence is greater now than ever before. That is partly because the consumer, who has suffered the steady ravishes of inflation upon his income, is less willing to tolerate substandard, unsafe or misadvertised goods. It is also because Nader's ideas have won acceptance in some surprising places. Last week, for example, Henry Ford II went farther than any other automobile executive ever has in acknowledging the industry's responsibility for polluting the air and asked?indeed, prodded?the Government to help correct the situation. The auto companies must develop, said Ford, "a virtually emission-free" car, and soon. Ford...
...passage of five major federal laws. They are the National Traffic and Motor Vehicle Safety Act of 1966. the Wholesome Meat Act of 1967, the Natural Gas Pipeline Safety Act, the Radiation Control for Health and Safety Act and the Wholesale Poultry Products Act, all of 1968. This week Congress will almost certainly pass the Federal Coal Mine Health and Safety Act, which Nader and a group of insurgent mine workers supported against the wishes of complacent union leadership. The act contains stiff preventive measures against working conditions that can cause black lung...
...stock market, December opened as anything but the accustomed month of year-end price rallies and fat Christmas bonuses. The Dow-Jones industrial average has plunged 70 points in less than a month. Last week it broke below the 800 mark, at which all earlier slides in 1969 had been stopped. It closed at 793, the lowest level in nearly three years. For investors who had put their faith in some popular blue chips, the story was even glummer. During the week, General Electric stock sold at its lowest price since 1963; Union Carbide was the lowest since...
Unthinkable Rate. A strong case can be made that the Government is overdoing its credit tightness and that the time has come for a change. Last week, however, a Federal Reserve official said that the board is persisting with its year-old policies. Interest rates reached yet another new high when an issue of top-rated Bell Telephone System bonds sold at 9.1%. Such a rate would have been unthinkable not long ago. The U.S. may be entering an unprecedented, fairly prolonged period of high interest rates...