Word: deficit
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Dates: during 1960-1969
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...special newspaper supplement fortnight ago to advertise its occupancy of the sparkling new Saturday Evening Post Building on Manhattan's Lexington Avenue, the company is in deep financial trouble. Since 1961 it has lost a total of $34.5 million-a figure that includes the $8,000,000 deficit recorded through September of this year. In 1963 Curtis was rescued from near bankruptcy by a last-minute $35 million loan from a group of six banks-a loan that must be repaid, with $10 million in interest, in the next six years...
Blodgett's goal brought the Crimson back from an early deficit caused by outside right Nick Stepanuik's two second-quarter goals. The teams had traded scores in the first period, with center forward Ed Roberts scoring for M.I.T. at 5:22 and inside right Fred Akuffo evening things for Harvard with his first goal of the year...
...pretends that everything is sweet harmony in Peru. Last week Belaúnde was embroiled in a major congressional fight over his 1965 budget, which runs $75 million more than this year's record. To avoid a deficit, Belaúnde wants to raise taxes; the opposition wants to leave taxes alone and slice the budget down to size. The result is likely to be a compromise. "Belaúnde is beginning to look like a statesman," says an opposition leader. "If we can only curb his tendency to spend more than he should, Peru may well have...
...only time in the half that Whelchel looked ineffective. In the third quarter he passed Harvard dizzy, bringing UMass back from a 14-0 deficit...
...intervene and support the rate by purchasing pounds. Britain's gold and hard currency reserves are at their lowest level since the sterling crisis of 1957, and the respected National Institute of Economic and Social Research has flatly predicted that Britain will show a balance-of-payments deficit for 1964 of $1.4 billion. Whichever party wins next month's elections, Britain will almost certainly have to draw funds from the International Monetary Fund before year...