Word: contract
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Dates: during 1960-1969
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Today, however, the City is appealing the Superior Court decision to the Supreme Judicial Court of Massachusetts. In another discouraging development, the Election Commission has refused to order the printing of the ballots because of a technicality requiring competitive bidding on the printing contract. "The ballots are miles away," Thomas J. Hartnett, one of the three commissioners said Friday. And there are clearly not miles of time before the deadline...
...Where the Rockettes are concerned, we admire their dancing but deplore their arithmetic [Sept. 29]. The fact is that under the new contract proposed by the Music Hall, the young lady who joins our staff as an apprentice dancer would get $7,020 her first year and go up to $8,606 after her second year. Also, there are extras for doubling in other dance numbers, for special engagements like TV shows, and payments to the A.G.V.A. Welfare Fund. The 36% increase offered by the Music Hall is much more than the 15% figure you printed. It seems...
...printing "garbage" about celebrities; during his frequent clashes over the pirating of talent, he put down Steve Allen and his manager as "two punks" and squelched Arthur Godfrey with the line, "By the way, what does he do now?" (He hosts a CBS Radio morning show.) During a contract dispute with Frank Sinatra some years ago, Sullivan took a full-page ad in Variety to lambaste the singer for "false and reckless charges"; Frankie countered with his own ad calling Sullivan "sick, sick, sick." Such is his relative benignity that the worst he can say for his old competitor Jack...
...better hospitals costs $80 to $90, counting not only the semiprivate-room charge, food, treatment, drugs, nursing care and laundry but all the innumerable X rays and laboratory tests now inseparable from optimal care. One possibility: allow HEW to make a long-term contract with a hospital to treat patients at a flat rate; if the hospital can cut costs without trimming services, it can keep the difference...
Call options lure bulls who figure stock prices will rise. A call is a transferable contract giving the purchaser the right to buy stock (almost always in 100-share lots) at a specified price (generally the market price on the purchase date) at any time during a specified period ranging from 30 days to a year. Last week, when National Video common was selling for $31.50 per share, an investor could have bought a call at $450 expiring next April 4. Provided that the stock rises as much as $5 a share by that date, the investor will be able...