Word: exempt
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Dates: during 1970-1979
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...index in both June and July rose at a seasonally adjusted annual rate of 3.6%, down from 6% or more last winter. Some interest rates have declined significantly, as the Federal Reserve Board continues a moderate expansion of the nation's money supply. Wisconsin, which sold a tax-exempt bond issue in late May at an average interest cost of 6.67%, successfully marketed another last week...
...institutional investors are expected to do an increasing amount of their trading through other sources. In an important shift aimed at saving money, some institutions have been trading listed shares through the "third market" of dealers who are not members of the major exchanges, and who are thus exempt from the exchanges' minimum commission rates. The Dreyfus Fund has saved its shareholders $1,200,000 in commissions by moving the buying and selling of some securities onto regional exchanges. Institutions are also making direct trades with one another in the so-called "fourth market," which bypasses brokers and exchanges altogether...
Like water slowly dripping onto limestone, Chavez's patient pressures finally eroded the ground beneath his opponents. A handful of employers, chiefly in the Coachella Valley to the south, yielded earlier this year. Boxes of their grapes, bearing the union's stylized black eagle, were exempt from the boycott. After the May harvest, the unionized growers found their grapes bringing 250 to $1 more per box than boycotted produce. That hard proof of the eagle's economic pull broke the deadlock with the larger group of growers...
...would affect his job with the Urban Coalition was unclear, but Gardner admitted that his association with the new "third force" cast doubts on the wisdom of retaining his present post. Contributions to lobbying groups are not taxdeductible, and keeping his job could jeopardize the coalition's tax-exempt status...
...Internal Revenue Service announced that it would revoke the tax-exempt status of of private schools admitting students on the basis of race. The move will cripple many of the private academies that have blossomed as desegregation has proceeded...