Word: brackets
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Dates: during 1950-1959
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...heavy-handed reminders, that the company is running a sales contest in which their husbands can win such prizes as fur coats, refrigerators, toasters, etc. Another firm has set up a kind of finishing school for wives. "As soon as the husband reaches the $8,000-to-$10,000 bracket, his wife becomes eligible, for grooming." A vice president's wife takes her in hand, shows her where to shop, eat, vacation and how to dress and entertain...
Secret Deal.'For some time, the Mufti's representatives had been engaged in secret negotiations with U.N. Relief Boss John Blandford, a former high-bracket Washington bureaucrat. The Mufti agreed to Blandford's proposal that the refugees be moved into Syria and resettled there. The Communists got wind of this and passed the word along to the refugees, charging that the Mufti was selling them out. A fortnight ago, despite protests from Mufti agents, they called a demonstration at Ein El Helwi camp on the Israeli border...
...sellout crowd of 13,000 jammed into the West Side Tennis Club stadium at Forest Hills last week for the semifinals of the national championship tournament; the biggest U.S. tennis gallery since 1946 was primed for white-hot competition. One bracket pitted Australian Frank Sedgman against Art Larsen, the flashy, unpredictable U.S. champ; the other match paired husky Dick Savitt, who had earned his No. 1 seeded position by knocking off the Australian and Wimbledon titles, against Vic Seixas, flashing the best play of his five-year career...
...three ensuing months in Australia gave him a fine postgraduate course. In the Australian championship, after beating wily Veteran John Bromwich in the quarterfinals, Savitt faced two-time Champion Sedgman in the semi-final bracket. The match went to five sets, and in the fifth, Sedgman spurted to a 4-2 lead. Savitt, always tense when he's ahead, simply relaxed and began hitting winners, won four straight games and the match. In the final, against rangy Ken McGregor, "I felt that nothing could stop me." McGregor couldn't. Dick won handily...
...stock at bargain prices (usually at 85% to 95% of the market price). If the executive sold the stock after holding it at least six months, his profit would be taxed at the low capital-gains rate of 25%. This meant real income for anyone in the surtax bracket. In the past year, more than 100 corporations have adopted stock option plans...