Word: cash
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Dates: during 1960-1969
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...down 50% or more from their year's highs. Such declines have clobbered the executives who exercised stock options with borrowed money, using their shares as collateral, when stocks were high; bankers have been calling many of these men to put up more collateral in the form of cash...
...unearthing and publishing almost every far-out statement that Reagan has ever uttered-and there have been quite a few. A red-bordered pamphlet titled Ronald Reagan: Extremist Collaborator has been widely distributed and lays out-with sources footnoted-various Reagan quotes along with the names of "Fright-Wing" cash contributors and such advisers as Schick Razor President Patrick J. Frawley and Henry Salvatori, co-chairman of Reagan's finance committee and executive committee, who has been closely affiliated with such way-right causes as Project Alert and the Anti-Communist Voters League...
...state agricultural problems, he reminds California farmers that they produce 25% of the U.S.'s table food, offer 33% of the state's jobs, represent 70% of the state's cash transactions. Yet, he remarks, "Farmers are being forced to conduct a social-welfare experiment for the Federal Government." The hottest issue among California farmers is the U.S. Labor Department's cancellation of a longtime arrangement whereby Mexican braceros entered the country without visas to pick crops. When they did not appear last year, California farmers were badly hurt by the scarcity of labor. The Governor...
...Britain's Monopolies Commission approves as expected, the stodgy, money-losing Times will quickly merge with Thomson's meaty, immensely profitable Sunday Times (circ.: 1,360,320) to form Times Newspapers Ltd. No cash will change hands, but Roy Thomson, whose empire is already worth $300 million, will get 85% of the stock. The remaining 15% will go to Gavin Astor, 48, current scion of the Astor family, which has owned the Times for the past 44 years. He thus gets a stake in a far stronger corporation and becomes its lifetime president...
...poorest of the poor who can afford nothing better: 25 cents a shot, $1.25 a pint, on credit if need be. Those bootleggers who live in areas where there are at least a few relatively well-heeled customers will have nothing to do with untaxed liquor: the amount of cash involved is far too little and there is too much uncertainty. The police, for whom it is the simplest of errands to run someone in for possession of untaxed liquor, refrain on payment of a staggering $8 per week for each patrolman...