Word: bargainer
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Dates: during 1960-1969
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...forced Moscow to back down. It was clear that the Chancellor was still adamantly opposed to discussion of an international authority to control Berlin's access routes. Said der Alte, "As I have told you before, the Soviets will give you nothing on major points, and only bargain in order to get concessions on minor points...
...clock every morning last week, the queues began to build up in front of Buenos Aires' two sparkling new Minimax supermarkets. When the glass doors opened at 7:30, hundreds of bargain hunters rushed in to buy Argentine beef for 15? a pound (most B.A. groceries sell it for 30?) and other foods at 25% to 35% less than standard Argentine prices. Though the second store has been open only three weeks, the success of the two Minimaxes is so certain that their backers-the Rockefeller brothers, plus a group of Argentine financiers-are already building three more...
...Canal Zone, the right to have the Panamanian flag flown next to the U.S. flag everywhere in the Canal Zone, a U.S.-enforced system to withhold the income taxes of Panamanian and non-U.S. workers in the Canal Zone. But the concessions President Chiari had really come to bargain for he did not receive...
...York Stock Exchange up to a frantic 6,240,000 shares, they knocked the Dow-Jones industrial average down to 560.28 on Thursday. June 14. It was the lowest close since December 1958. Next day there was a predictable rebound, as short sellers moved in to replace at bargain prices stock that they had borrowed when it was higher. Even so, the Dow-Jones index rose only to 578.18-which left it off 23 points for the week...
...Bargain Hunters. With a lot of money waiting on the sidelines until the market's direction became clearer, most of last week's activity was the work of bargain hunters. For them, brokerage houses churned out new lists of stocks that offer reasonable income and low price-earnings ratios. One such list, circulated by Manhattan's Schweickart & Co., ticked off half a dozen blue chips-including Allied Stores. General Motors, Jones & Laughlin and Royal Dutch Petroleum-with price-earnings ratios of less than 12 to 1 and dividend yields of 4% or more. For many stocks, yields...