Word: duds
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Dates: during 1960-1960
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...commercial publishing venture, National Review magazine is a dud. In its brief history, it has spent some $860,000 more than it has taken in. Its founder, Editor in Chief William F. Buckley Jr., 34, works for nothing, says that he had to resign from the Yale Club for "economic reasons." But by Bill Buckley's lights, National Review is nonetheless a spanking success: it has become the most notable U.S. periodical speaking for the far political right...
...with a severe cold, hung on grimly for ninth place, and Bob Knapp and Jack Benjamin displaced Dartmouth competitors by taking 10th and 11th. Was Hildreth exhibited the determination that drove the entire team yesterday by putting on a desperate closing sprint to snatch 12th place away from Indian Dud Hallagan after the meet had already been decided...
...neither team gains an advantage in the high finishers, the Green's hopes will rest on juniors Dan Tompkins and Dud Hallagan, who will be competing mainly against Crimson runners Ed Hamlin and Fred Howard. Bob knapp and Greg Baldwin should be the other two Crimson scorers...
Even the latest interplanetary firecracker shot off by Khrushchev's obliging scientists was a dud. Moscow Radio trumpeted the news that Russia had put a 4.5-ton "spaceship" into near-circular orbit about 200 miles above the earth. Inside the new satellite, said Moscow, was a pressurized cabin containing a dummy spaceman, "all necessary equipment for future manned flight," and about 1.5 tons of instrumentation...
...first time in more than a year, the U.S. Treasury last week tried to sell long-term bonds. The sale was a dud. Treasury offered 25-year bonds with 4¼% interest, the legal maximum imposed by Congress, hoped to sell at least $500 million worth, offered up to $1.5 billion. Only $370 million worth was sold. Another offer of $2 billion in 25-month notes was oversubscribed, thus more than meeting the Treasury's cash needs of $2.5 billion. Said a top Treasury official: "The response to the long-term issue shows conclusively that we simply cannot sell...