Word: effect
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Dates: during 1960-1960
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...hike in defense spending, but when Washington took pains to refute this talk, investors had some sober second thoughts. They began to sell the defense stocks, turned their attention to such old favorites as leisure-time stock and such neglected issues as rails and oils. Total effect: the market advanced to 625.24 on the Dow-Jones industrial average, up 12.21 for the biggest one-week gain in six weeks...
...isms: "Dream with me!" and "Make it barbaric!" The Dustman. When Katims arrived in Seattle in 1954, the city was still trying to forget its last permanent conductor, France's Manuel Rosenthal, who was for bidden re-entry to the U.S. in 1951 for perjuring himself to the effect that the woman traveling with him was his wife...
...range (less than 1,000 miles) routes, give the line quite a jump on the competition. Says President Woolman, who expects to have ten of the planes operating by fall: "The 880 is just what I was looking for. The lack of vibration is fantastic. Vibration has the same effect on businessmen as work does-it tires them out. We want them to get there fresh and rested." Delta's Woolman has only a few months before other lines start getting their own Convairs. TWA has 30 of the 880s on order, will get its first this summer. Next...
...against hospital room and board expenses up to $25 a day, and against other hospital costs, such as X rays and medicine (but no physicians' or surgeons' bills), up to a total of $5,000, once the policyholder has paid the first $500. A policy goes into effect at once except in the case of already diagnosed illnesses. In that event the policyholder must wait six months before claiming benefits. The policy is "guaranteed renewable' and may not be terminated by the company unless it cancels all policies in the area...
...figuring, pays only a $1.75 commission on new policies (v. an industry-wide average of 20-30% of the first year's premiums), depends chiefly on newspaper ad coupons that prospects clip out and send in. Continental lumps all applicants in a state together, in effect handles the individual policies as if they were members of a group plan, thus spreading the risk and reducing the premium cost by as much as two-thirds...