Word: stocking
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Dates: during 1960-1960
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Economic troubles have something to do with Afrikaner hesitation. The Sharpeville massacre of 72 South African blacks last March and the international revulsion that followed sent shares on the Johannesburg Stock Exchange plummeting $1.2 billion as foreign investors withdrew their money. Afrikaner farmers and businessmen are feeling the pinch of the $23 million in exports that South Africa is expected to lose this year as a result of the boycott of South African goods by Ghana. Malaya, the West Indies and others. And all South African businessmen are haunted by the fear that if Verwoerd proclaims a republic, other Commonwealth...
Except for small and poor schools, or for stock parts in big schools, prefabrication is no final answer. For each school is a unique problem in tailoring costly space on differing sites and to different needs. ("Frfls" are often the cheapest item.) Today, the key word is "flexibility."' To keep pace with fast, shifts in population, schools must expand or contract. Portable classrooms (3,300 in Los Angeles) are one answer; wings that can later be dismantled or sold to business are another. But most important, tne flexible school is a hedge against educational oosolescence. Even the fancy...
Dark Side. The drop in inventories is a foreboding sign to pessimists. For one, companies that are using their shelf stock to meet sales will eventually have to replenish their stock. But what pleased Government economists was the inventory decline's minor effect on the economy. Although inventory retrenchment has been going on for months, the economy has been able to absorb the loss without any great damage. The question now was how long the inventory decline would continue...
Nothing sends a stock up faster than the news that a company has a glamorous new electronic device-especially if the news is exaggerated. Example: two little-known, money-losing companies. TelAutograph and Comptometer Corp., last week set off a speculative binge that resulted in some of the wildest trading the New York Stock Exchange has seen since 1929. In eight trading days TelAutograph zipped from 9½to a high of 24½, and Comptometer soared from...
...Made $2,000,000 in the Stock Market, Darvas...