Word: transference
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Dates: during 1960-1969
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Computer Breakdowns. An obvious solution to the back-office snarl would be to computerize the transfer of securities among brokerage firms, thus converting a cumbersome manual task to a mere bookkeeping operation. The Big Board started a Central Certificate Service in February that is intended to operate as just such a clearinghouse. But computer breakdowns and other snags slowed the system until last week, when the C.C.S. resumed full operation. The brokerage business may face more financial woes before happy days return. Profits seem likely to continue their fall until rising stock prices bring an upturn in trading volumes...
...televised speech, Park declared that he regarded the referendum as "a vote of confidence. If the proposal is defeated, I and the government will immediately step down." He enjoys enough popularity among both people and army to make such an outcome seem unlikely. Korea has not had a peaceful transfer of power in its history, and Park seems to think that the country is not yet ready...
...mere possession of marijuana is not presently a federal offense. Nixon would remedy that by making it a federal offense to possess or transfer marijuana without a state license-which is unobtainable...
...threat of a strike if its resistance to mixed faculties is flouted. The union contract allows "regularly certified" teachers, who are generally also more experienced, great latitude in choosing the schools in which they will teach. Most senior teachers, who are mainly white, exercise this contractual right to seek transfers to schools in white areas, which means that less experienced and black teachers are assigned to pre dominantly Negro districts. It also means long waiting lists for assignment to desirable white schools. The waiting list for transfer to the 31-teacher Mount Greenwood School, in the white southwestern section...
...Monday, after another 4-hr. sleep period sandwiched between two meals, Armstrong and Aldrin will fire the LM's ascent engine, using the four-legged descent stage as a launch pad. If all goes well, they will rendezvous with Collins and transfer to the command module, taking their precious rocks with them in sealed boxes and leaving the LM in orbit around the moon. From that point on, they will again follow the path of Apollo 10. After firing themselves into an earth-bound trajectory, they will splash down in the Pacific Ocean some 1,160 miles southwest of Hawaii...