Word: borrower
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Dates: during 1970-1979
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...then receive for our beef on the hoof? Exactly what we do now. Do you really believe that we can pay our taxes, hire labor, buy machinery, fencing supplies, repairs or anything else for the same prices we paid 20 years ago? How do we stay in business? We borrow a little more, we have our eleven-year-old son work full time in the hayfield, we work from daylight till dark-and now, during calving, part of the night, too. Boycott meat or import it-either way, when American beef producers are bankrupt, the inferior imported beef will have...
...wife Nena to lavishly entertain special customers, including the Duke and Duchess of Windsor and Barbra Streisand, in their 14-room penthouse atop the store. But recently profits have sagged; in 1970 Bergdorf earned well under 4% on sales of $32 million. Convinced that only a bigger company could borrow enough capital to expand the business beyond New York's midtown area, Goodman began searching for somebody to buy him out. Unless a buyer could be found, he said sadly, the store would probably close, and its valuable Fifth Avenue real estate (which was not part of last week...
...company's stock, and continued to do so as he climbed the management ladder. Ultimately he became president-and the biggest shareholder. Gottwald's dollar-tight reputation endeared him to bankers, who deemed him a sound credit risk. Indeed Gottwald and his sons were able to borrow $200 million ten years ago to buy Ethyl Corp. from General Motors and Jersey Standard. Later they sold off Albemarle at a good profit. Now the family owns 14% of Ethyl's stock, worth $35 million...
...evidence that more small investors are trailing back into the market after staying out for several years. Board rooms across the country are again crowded with tape watchers, and margin debt rose by a substantial $480 million in February, to $6.2 billion, indicating that people are confident enough to borrow in order to buy stocks. The rising market is also bringing back foreign investors, notably Swiss bankers, who are pouring money into U.S. stocks...
...sounds very much like some of Peter, Paul and Mary's early work. Other songs, although they have weak points here and there, are on the whole good. Peter has not definitively decided where his music should go, but has produced the most convincing evidence of an attempt to borrow from the old in order to create a more meaningful...