Word: beetly
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Oddly enough, the book discovers a kind of happy ending. After many chastening trials of decline and near-demise, the Hearst organization has emerged with a sort of hard-won wisdom. Since 1975, the company has been intelligently run, and neglected properties like Cosmopolitan have beet rediscovered and made profitable. A modus vivend, with the ghost of Pop Hearst has finally beer achieved: concentrate on magazines with simple formulas, buy dailies in single-paper small cities, keep the family occupied in harmless jobs with impressive titles, and avoid stirring up the old snakes by trying to revive the big city...
...year's poor harvests and rising prices have also hit sugar. Since January, the cost of the sweetener has increased at the supermarket by about 90%, to 88? per lb. Part of the squeeze traces to Eastern Europe, where very heavy spring and summer rains soured the sugar-beet harvest. That has forced both the Soviet Union and Poland to buy heavily in world markets...
...biggest commodity speculator in the country. He has been accused in the past of trying to corner the market in soybeans as well as silver. He has also made and lost fortunes in oil, directs the Hunt family's control of one of the nation's largest sugar-beet processors, and owns what may be the world's largest stable of race horses (600). Altogether, his activities would doubtless please his late father, the legendary oil billionaire H.L. Hunt...
...sacrifice too." Sinner has yet to sell most of his 1979 crop and has yet to decide on his spring planting. He could switch more of his land to durum wheat ?all of which is sold to domestic manufacturers of spaghetti and macaroni?or to sunflowers and sugar beets. But sunflowers are in oversupply, and sugar-beet processors are working overtime to absorb the 1979 harvest. Said Sinner: "Probably there's going to be some crop switching. But I figure it's a big guessing game every spring anyway...
...jail. A federal judge ruled 2% years ago that the same brothers and five of their children had illegally exceeded the limits on purchases on the nation's soybean market. Bunker also directs first-family control of Hunt International Resources Corp., one of the nation's largest beet-sugar processors and owner of the Shakey's pizza chain. Brother Lamar, owner of the Kansas City Chiefs, is a partner in the first family's petroleum company, Placid Oil. The second family owns Hunt...