Word: annually
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Dates: during 1970-1979
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...Longwood area hospitals have an annual payroll of $250 million, which is almost half the city's total payroll for health and medical services. Hospital employees produce a revenue of $450 million in the city through the creation of other jobs, and also spend or bank half their pay in the city...
There are two types of costs associated with divestiture: one-time costs (brokerage commissions and short-run price effects) and recurring annual costs. Harvard estimates the one-time costs at $5-15 million. But even the "low" estimate of $5 is based on inflated brokerage commissions. Moreover, no one is calling for instantaneous divestiture; if the stocks were sold over a period of a year or so, the cost would be considerably less. In any case, Harvard normally turns over 20-30 per cent of the portfolio each year. More realistic estimates, based on Stanford University's figures...
...Cities like Lowell, Fall River, Brockton--all the older cities--have the potential to come back," Tsongas told the crowd gathered for the CCA's annual meeting, adding that attracting high-technology industry was one key to the recovery...
...pending Corporation approval, the College Fund's annual drive will be suspended and its network of alumni put to work for the capital drive. "A lot of pros and our colleagues in the Ivy League think we're crazy, but we feel this will simplify the drive for our alumni--there won't be any 'double-ask' and we won't have two parallel organizations," Clifton comments...
...women's track squad, in its last indoor meet of the season, squeaked by a favored Princeton team at the first annual Big Three track meet Saturday at Yale...