Word: booths
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...about 1,000 Ibs.-the kidnapers cut their demand in half, now asking for $2.3 million. The drop was set for Wednesday night. Bronfman was to put the money in a car and personally take it to John F. Kennedy International Airport, then wait at a specific public telephone booth...
...chance of disappointing the kidnapers, loaded the originally requested $4.6 million in the back of a station wagon. It was stuffed into black plastic garbage bags. He drove to a parking lot at Kennedy Airport, then, while FBI agents observed from a distance, walked to the specified phone booth. At 8:10 the phone rang. Using the Raven identification, the caller directed Bronfman to another phone booth, in the KLM Royal Dutch Airlines section of the terminal. He waited an hour with no further word. At 9:30 p.m., the kidnapers called the Yorktown house, telling the family...
...grayout pervades every remark. For example: "I really like to eat alone. I want to start a chain of restaurants for other people who are like me called Andy-Mats-The Restaurant for the Lonely Person. You get your food and then you take your tray into a booth and watch television...
...downward stumble of 10% to 25% in stock values at some point along the way. Value Line's Bernhard expects the Dow to reach the 900-950 level by year's end and sees it climbing to somewhere between 1500 and 2000 by 1980. More cautiously, Charles Booth, senior investment officer at the Bank of New York, suggests that when the Dow reaches the 925-950 level, "it will be time to reappraise the market -stand back and see if that's enough or whether it can move upward...
...strength of the recovery. For that reason, investment pros are keeping a close eye on Federal Reserve policy right now: the amount of money that the control bank pumps into the economy from week to week influences interest rates and, in turn, the pace of the recovery. Says Booth: "For the stock market to go forward, we cannot have a sharp and sustained reversal of interest rates." Other money managers agree and also warn that any new outbreak of fighting in the Middle East would almost certainly send stock prices tumbling again...