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Beautiful Losers. The President, whose economic advisers often have a cavalier attitude toward the stock market, is beginning to realize that the decline in stock prices is cutting painfully into the hopes and fortunes of Middle America. The 17-month-old bear market on Wall Street is the longest and costliest since World War II. The value of listed stocks held by 26 million Americans has dropped by more than $200 billion-an average $7,700 per investor. Many popular issues on the American Stock Exchange and the over-the-counter market have dropped by more than 50%, and some...

Author: /time Magazine | Title: Business: Trying to Jawbone the Stock Market | 5/11/1970 | See Source »

...lying around the house. Casper tried a few strokes, liked the feel of the club and decided to try it out in the Bob Hope Desert Classic. He won, and the putter has been in his bag ever since. Last week it won him the coveted Masters championship. His longest putts popped in as if the undulating greens were as level as his living-room...

Author: /time Magazine | Title: Sport: King of the Flat Blade | 4/27/1970 | See Source »

...fair has plenty to offer the Japanese and wondrous sights to please the eye of the international fair-hopper. The U.S. Pavilion, where the lines and the wait (as much as five hours) are the longest, is most popular. Sports and space -sure winners in Japan-dominate the "Images of America" theme. By far the biggest attraction of the pavilion-and the fair-is a moon rock brought back by Apollo astronauts. The crowds are also taken with an Andy Granatelli turbocar and, in baseball-crazy Japan, by Babe Ruth's old Yankee uniform and locker. The space display...

Author: /time Magazine | Title: Modern Living: World's Fair, Asian Style | 4/20/1970 | See Source »

Near Lake Arrowhead, about ten per cent of the Ponderosa pines, about 1,300,000 trees, have died from the L.A. smog. Ponderosa pines reign over the Western forests. They're often two hundred feet all, with ten-inch-long needles. They are the oldest trees with the longest roots. In a sense, they hold the forest together. After a forest fire, grass begins to grow, which is soon replaced by bushes, like mountain mahogany and thimbleberry. Fast growing poplar trees shade out the bushes, like quaking aspens. After about a hundred years, the coniferous forest again dominates the area...

Author: By Gary Snyder, | Title: Stay in the Streets: Why | 4/13/1970 | See Source »

Watson took fourth in the 1500 meters at last summer's outdoor national AAU's to qualify for this spring's race. Since then, however, he has only been in that event once-at the Eastern AAU's in March. The longest distance in freshman competition is 500 yards...

Author: NO WRITER ATTRIBUTED | Title: Watson Entered In AAA's | 4/11/1970 | See Source »

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