Word: bushel
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...quiz. Name and locate the following: Hekla, Monrovia, Manitoba and Orinoco. Now for a math problem: If a load of wheat weighs 3,942 lbs., what is the worth at 50[cents] a bushel, deducting 1,050 lbs. for tare? (Hint: a bushel of wheat weighs 60 lbs. You're on your own for tare...
...quiz. Name and locate the following: Hecla, Monrovia, Manitoba and Orinoco. Now for a math problem: If a load of wheat weighs 3,942 lbs., what is the worth at 50? a bushel, deducting 1,050 lbs. for tare? (Hint: a bushel of wheat is 60 lbs. You're on your own for tare...
...justification for building bigger locks is simple: time is money. Supporters, including farmers and such commodity heavyweights as Archer Daniels Midland, Cargill and ConAgra, say the time saved on a trip down the river could generate an extra nickel or dime of profit on every $2 bushel of corn floating down the Mississippi. "I produce about 100,000 bushels of grain a year, and 5[cents] on each one is a pretty good chunk of change that goes straight to my bottom line," says Gregory Guenther of Belleville, Ill. The river, 22 miles from his 1,000-acre farm...
...Rick Lazio (R-New York) takes the cake for best single market play, lightweight division. Normally a conservative marketeer, in August 1997 the man who would beat Hillary plunked down $2,300 on a bushel of options in Long Island brokerage Quick & Reilly, whose executives have donated $35,000 to Lazio's campaigns. Less than two weeks later, takeover rumors swirled, the stock popped, and Lazio cashed in for $16,000. Denials all around on whether anything fishy was going on. By the way, Lazio is on both the House Banking and Commerce committees...
...Juan Villalonga, the arrangement must have seemed fair enough. Shortly after taking over as head of the Spanish telecommunications firm Telefonica in February 1997, he awarded the company's 100 top executives--including himself--a bushel of potentially lucrative stock options that could be cashed out after three years. With Villalonga at the helm, Telefonica became not only the country's biggest company but also one of its most profitable: it reported a 38% rise in net income for 1999. Protests against the stock scheme by labor unions and leftist politicians did little to rouse the public, in part because...