The Meridian Archive
MER
January 1999
What Comes Down

What Comes Down

Closed mid-December 1998 · On stands late December 1998

The Front

Index of the Close

Numbers of the year's last weeks — closing markets, year-end farm-belt grain futures, the going rate for a Super Bowl ad minute

The Christmas Nobody Drove To

A short note on the season's online retailers, who moved more gift orders through a browser than any previous December, the delivery trucks straining to keep pace

The Essay

The Last Billboard

The Master Settlement Agreement, signed by forty-six states in November 1998, bars tobacco companies from outdoor and transit advertising; the highway billboards and bus-shelter panels begin coming down

The Foreign File

Eleven Currencies, One Ledger

The euro launches January 1st as a book-entry currency across eleven member states; trading floors and back offices spend the week reconciling ledgers to a unit no one has yet held as a coin or note

The Back

Three Parties, One Winter

A short round-up of the season's most-photographed New Year's galas in Manhattan, Aspen, and Palm Beach, and what the seating charts say about who's up this year