Word: high
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Dates: during 1960-1969
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...high school connected with a prizefight? The answer goes back to 1968, when San Antonio's parochial schools were in deep financial trouble -like others across the U.S.-and Archbishop Robert Lucey halted all diocesan subsidies for three of the city's twelve Catholic high schools. One of the three schools was located in a wealthy white neighborhood, and it easily survived by raising tuition. Another, situated in a lower-middle-class area, gave up and closed its doors. It is now a warehouse...
Viet Nam Paychecks. The slum-centered third-Holy Cross High-was in no position to boost its $220 tuition, but the twelve brothers who run it refused to quit. In a city where 44% of the Chicano population are functionally illiterate, they argued, only the Catholic schools offer slum children a quality education. In fact, 85% of Holy Cross's 560 male students are Mexican-Americans and 80% of them go on to college, compared with 11% from the district's public high schools...
Cleaning Up. Holy Cross High got the $72,000 and survived the year. Subsequent donations and benefits have enabled it to continue. When Liberty/United Artists contributed more than 20,000 record albums, one parent provided an empty store, others offered to staff it, and Holy Cross found itself in the record business. The store made $9,000. A benefit performance by Singer Vikki Carr raised $20,000. A Christmas fruitcake sale netted...
...York City, says Fantus President Leonard Yaseen, is just no place to work. Yaseen gives it a low rating for reasons as varied as crime, air pollution, strikes, employees' attitudes toward work and operating costs. He cites high and rising city income and occupancy taxes, as well as office rents of up to $15 a square foot in midtown Manhattan v. $7 in the suburbs. Clerical workers commonly put in only 35 hours a week in Manhattan v. 40 in some nearby towns, and their turnover rate averages 34% a year, against 15% in Stamford, Conn. Worst...
...London market last week, the price of privately traded gold dipped to $34.80 per ounce for the first time since it was freed to find its own level 22 months ago. The decline, from a high of $43.80 as recently as last March, represented a resounding defeat for speculators and for theorists who had argued that the official price of gold should be raised and the dollar should be devalued. It was a victory for the U.S. and for those moneymen who believe that gold's power in world affairs should be diminished...