Word: offsets 
              
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 Dates: during 1960-1960 
         
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...department stores were worried about Christmas sales, total retail sales held virtually steady for November at a seasonally adjusted $18.6 billion-down only $100 million from October, which rang up the second highest monthly rate in history. Durable-goods sales declined 2% from October, but the losses were partially offset by gains of food stores, restaurants and clothiers. Moreover, the Commerce Department cheerily predicted a sharp rise for December (see chart...
Franz Josef proved to be a standout student. He won highest prizes in Latin, somewhat offset by his predilection for rowdy pranks, which kept his grades in deportment low and his popularity with fellow students high. He developed a passion for bicycling, once entered a 75-mile cross-country bike race, and won it, earning himself the title of "South German Road Champion." Resisting pressure to join the Nazis, he enrolled himself and his new motorcycle in the innocuous National Socialist Motorized Corps, which was little more than a sports club. At Munich University, he ranked...
...street, near Filene's, neon Christmas lights blink on and off, radios, record players, jukeboxes sound seasonal music--from "Santa Baby" and "The Yuletide Olde Lang Syne," to "White Christmas" to "Silent Night." Nearby, on the Common, some elm trees pretend they are pine. They have been used to offset a large, carousel-like decoration which projects a variety of colors each night...
Every House except for Eliot and Winthrop posted substantial gains over last year's figures. Quincy had the greatest improvement, raising their total from just over $1,200 in 1959 to $2,144 this year. The increase in House contributions was partially offset, however, by a slip from $6,175 to $5,550 in the Yard...
...instrumental in drafting the report, said yesterday that it generally represents his opinions on the expanding role of governmental support to institutions for scientific teaching and research. The committee proposed that federal grants go on a less restricted basis than at present to increase faculty salaries, to offset the universities cost of training graduate students, and to pay for new facilities...