Word: yorke
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Dates: during 1970-1979
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...week. In two days of frantic trading, the price of gold on the London exchange soared a breathtaking $50 per oz. to $447 at one point; then it plunged back down almost as steeply, closing the week at $385. Silver, platinum and copper also gyrated wildly. Said a New York bullion trader: "The market's gone bananas...
BROADER DOLLAR PROPPING. Until now, in their efforts to keep the dollar from falling too sharply against the muscular mark, the U.S. and West German central banks have confined their buck-bolstering efforts mainly to the New York and Frankfurt markets. Now they have agreed to intervene in all financial centers. Reason: the world money markets have become so sensitive and intertwined that a drop in, say, Hong Kong ripples rapidly throughout the world...
...city income taxes take their bite? Certainly price rises and tax rates vary from one part of the country to another; but the following figures, prepared by the Ernst & Whinney accounting firm, show how big a boost three families, each consisting of four people and living in New York City, must be given to keep them even with the national inflation rate of 13%. In all three cases, both spouses are assumed to be working, each earning half the family income...
There are two more McGees in the works on the author's blue IBM Selectric, which he totes between a house in Florida and a summer fishing camp on a lake in New York's Adirondacks. MacDonald's wife, Dorothy Prentiss, is an artist. He has long since shed any resentment against the other Macdonald, that more critically esteemed thriller writer whose real name is not John Ross Macdonald at all but Kenneth Millar. ("At least," allows John D., "the guy is literate, even if he does keep hitting the same barrel.") The real MacDonald...
DIED. Roger K. Fawcett, 69, president of Fawcett Publications; of cancer; in New York City. The Minnesota-born Fawcett succeeded his father as chief executive officer of the firm, which publishes magazines (Woman's Day, Mechanix Illustrated), paperbacks with the Crest, Gold Medal and Popular Library imprints and Charles Schulz Peanuts books. Fawcett sold the family-owned company to CBS in 1977 for $50 million...