Word: 40th
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...that the economy is entering the 40th month of expansion, many people are wondering whether U.S. business has repealed its own law of gravity. One of the hard facts of economic life has been that what goes up eventually comes down, sometimes with a thud. In the classic business "cycle" of ups and downs (see chart), even the post-World War II boom has been interrupted by four disturbing recessions, though they have been growing briefer and shallower. But the current recovery has shown unprecedented staying power, having survived the steel price showdown, a stock market slump, the Cuban missile...
...differences between a co-operative and a new form of communal housing that is making rapid strides throughout the U.S.-the condominium. More and more buyers are demanding them, builders are building them, and state legislatures are making laws authorizing them. Last month New York became the 40th state to have done so in the past three years. A condominium (a word deriving from a 6th century B.C. Roman law of joint sovereignty) is, in effect, an apartment house in which tenants really own their own apartments...
...residents recently celebrated a local store's purchase of a new padlock by guzzling 141 quarts of vodka in one night. It hardly helps that minor Polish officials wink at the nation's drunks. When a man checked in at a Poznan sobering-up station for the 40th time not long ago, the $250 debt that he owed the state for previous nights in the cooler was wiped off the books to honor his record performance...
...occasion of TIME's 40th anniversary last spring, he delegated Vice President Johnson to represent him, and sent a telegram to be read at the dinner, saluting TIME as a "great magazine," and adding a few characteristically phrased remarks...
...water to make soda). The doctors hoped that this extra oxygen would ease the strain on the baby's heart, which was racing madly in an effort to distribute enough oxygen from his inefficient lungs. For a while, the technique seemed to be succeeding. But in the 40th hour of his life, Patrick Kennedy's overtaxed heart stopped...