Word: attractants
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Dates: during 1960-1969
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...half of its exports were in three crops: sisal, cotton and coffee. Tanganyika's mineral wealth was scanty, consisting of some gold and the Williamson diamond mine near Lake Victoria in the north. With its game-thick Serengeti Plains aswarm with trophy heads, and soaring Mount Kilimanjaro to attract all the Hemingway buffs, it had tourist potential...
...readers seemed undisposed to support a union paper that tried so hard to avoid the union label that it packed as much punch as a Sunday supplement. Although the Oregonian and the Journal have together lost 79,000 in circulation since the strike, the tabloid Reporter could not even attract all those defectors. At death it had barely 58,000 in paid readership...
Despite the criticism, options are popular with both companies and executives because they attract valued men and are one of the few ways a professional manager can build up an estate in times of high taxes and rising prices. The backers of options-and that includes everyone who gets them-contend that a manager performs better when he has a sizable stake in the company. Small companies that cannot afford high salaries dangle options to attract bright executives or even talented college seniors-and later use options again to keep them from leaving to form their own firms...
...system stretches 1,300 miles from Montreal to Duluth and links 22 Great Lake ports with the Atlantic, but it has failed to attract the expected commercial traffic. The Seaway's troubles stem from a combination of engineering shortcomings and poor financial planning. For one thing, the Seaway is too shallow to accommodate large freighters. Most of its ports are ill-equipped to load and unload ships, and passage through the 15 sets of locks is tedious and slow; the average ship takes ten days to travel from Chicago to Montreal. Because the waterways freeze over for four months...
Companies must grant credit to attract the free-wheeling Brazilian shopper, but extending credit has become costly for business. Customers understandably prefer to put off paying, because their wages are rising faster than prices; thus, as each inflationary month passes, the bills in effect become smaller. Among the slowest payers: the Brazilian government, which seldom honors its bills promptly; last week the U.S. and five other nations agreed to ease the burden of Brazil's $3 billion debt by stretching out payment schedules. Businessmen are finding it difficult even to keep on hand enough cash to carry on. Willys...