Word: cashing
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Dates: during 1960-1969
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...season holds out the hope of a breakthrough to fame -after which he tends to abandon the theater like a Brando or a Burton. The producer nourishes the hone of a croupier to rake in the chips. The backer, that garishly garbed seraph who roots for his cash on opening night with cacophonous enthusiasm, hopes for some sort of glittering new social credential and the consolation prize of a virtually guaranteed tax loss. The critic approaches the new season like an Israelite at the edge of the Red Sea-perhaps the surging waters of mediocrity will part...
...idea is popular with parents, who find that inflation has made extra cash scarce. Charging on the card often amounts to an interest-free loan for several months. Reason: banks take time in processing the bills, and payment is not due until 25 days after the billing date. Even then, payments can be spaced out, though interest charges amount to as much as 18% a year. Such steep charges can make the cards quite profitable for banks...
...many ways it has become a microcosm of America two-thirds of the way through the century. The "South-side," the Southern central half of the state where tobacco is still a cash crop, was no longer the base for the Byrds-the elite-who had ruled the state for so long until 1969. Like the South of today, black voter registration has upset the old formulas. The area has the same problems-integration, hunger, and a white voting majority (but one which has to deal with a higher percentage of Negrovoters) -that most of the rest of the South...
...Coop is essentially in the cash business now," said acting Coop manager Al Zavelle. "If a member buys something for $10, the bank immediately credits our account with $10," he said...
...Coop had been losing about six per cent in its charge business, while the bank will now charge only two per cent for the service. "For the first time, we have a good reason for the two per cent difference between the cash and charge rebates," Zavelle said...