Word: 13th
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...analysts, however, had sensed that an explosion lay ahead. In August the sparks started flying. On the 13th, with inflation down sharply, Federal Reserve Chairman Paul Volcker unexpectedly announced still another reduction in the discount rate, from 11% to 10.5%; two cuts had already been made. That credibly signaled easier money after almost three years of an anti-inflationary clampdown. On the 15th, Ronald Reagan gave a speech asking for $99 billion in new taxes to reduce the federal deficit. On the 17th, Salomon Brothers' influential economist, Henry Kaufman, predicted that interest rates on long-term Government bonds would...
...Louisiana oil-and-gas company he helped start 39 years ago. He gets monthly reports on company affairs, and attended all three of the company's board meetings last year. Last week in Detroit, he attended his 50th consecutive annual meeting, where he was elected to his 13th term as chairman. The only thing unusual about all this is that he is 99 years...
This summer could see an epidemic of illegal taping. Several potential blockbusters are being released in addition to Jedi, which last week rang up the biggest one-day box office in history ($6.2 million). Other surefire sequels: the 13th James Bond film, Superman III and Staying Alive, the follow-up to Saturday Night Fever. Says William Nix, who heads the antipiracy division of the Motion Picture Association of America: "These films have built-in demand for illegal copies. The damage could be the worst ever...
Conversely, the white ethnic wards, which have voted solidly Democratic since William ("Big Bill") Thompson was elected the last Republican mayor in 1927, went heavily for Epton. In the Polish-Irish-Russian 13th Ward on the Southwest Side, Epton took 34,856 votes to Washington's 1,457. Even the famed Eleventh Ward of Bridgeport, the bedrock Democratic base of the late Mayor Daley, voted overwhelmingly Republican. Holding the electoral balance were the city's six affluent "Lakefront Liberal" wards. Undecided until the very end, they finally gave Washington 40% of their vote, enough to assure...
...Belinda Carlisle. "I'm still at the stage where I can get to the car without signing too many autographs," he says amiably. "She's the one who takes a half-hour." Marshall was a sixth-round choice in 1978, Brock a 13th-rounder in 1979. In 1965, Rick Monday was the first pick in the first draft, and he is a utility man yet at 37. "When I was the phenom, everywhere I went, I could hear people say, 'Let's see how good he is.' My locker will be next to Brock...