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Daily Bread for 11.14.12

Good morning.

Wednesday brings mostly cloudy skies, a high of forty-four, and south winds of five to ten miles per hour.

Whitewater’s Community Development Authority meets today at 4:30 PM.

On this day in 1972, a milestone for the Dow Jones – it closed above 1,000 for the first time:

The Dow Jones industrial average closed above the 1,000 mark yesterday for the first time in history.

It finished at 1,003.16 for a gain of 6.09 points in what many Wall Streeters consider the equivalent of the initial breaking of the four-minute mile.

“This thing has an obvious psychological effect,” declared one brokerage-house partner. “It’s a hell of a news item. As for the permanence of it — well, I just don’t know.”

Last Friday, the Dow surpassed 1,000 during the course of a day’s trading, but it fell back below the landmark figure by thew end of the session.

But yesterday the marker was not to be denied. The Dow finally put it all together, the peace rally, the re-election of President Nixon, the surging economy, booming corporate profits and lessening fears about inflation and taxes and controls and other uncertainties of 1973.

On this day in 1861, famed historian Frederick Jackson Turner was born in Portage:

1861 – Frederick Jackson Turner Born
On this date Frederick Jackson Turner was born in Portage. Turner spent most of his academic career at the University of Wisconsin. He published his first article in 1883, received his B.A. in 1884, then his M.A. in History in 1888. After a year of study at Johns Hopkins (Ph.D., 1890), he returned to join the History faculty at Wisconsin, where he taught for the next 21 years. He later taught at Harvard from 1910 to 1924 before retiring. In 1893, Turner presented his famous address, “The Significance of the Frontier in American History,” at the Chicago World’s Fair. Turner died in 1932. [Source: Bowling Green State University]

From Google’s daily puzzle, a question about film: “Who met for months with director Ridley Scott about taking on the role of Deckard in “Blade Runner”?

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