Word: fractionalized
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Dates: during 1970-1979
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...effect. In most cities, airline phone lines are jammed. Regular travelers who pay full fares are often unable to make bookings, and business people who have urgent appointments in other cities sometimes cannot confirm their reservations. Hence they may lose their seats to stand-by passengers paying only a fraction of the full fare. Says American Airlines Senior Vice President Robert Crandall: "If the public wants low fares, people will have to put up with delays...
...rebuttal, insurance companies assert that the complainers are a small fraction of policyholders. That seems to be generally true, but the record varies from company to company. In 1976 the Illinois insurance department got 2.2 complaints per $1 million of auto policy premiums for State Farm Mutual and 43.85 for Kenilworth, a much smaller firm...
...fact that markups, taxes and tariffs are lower in the U.S. than in many other countries. An article in the Paris trend-setting fashion magazine Elle has attracted many French women to Filene's basement, citadel of the frugal New England matron, for frocks that sell for a fraction of the price in Paris boutiques. On Rodeo Drive in Beverly Hills, Calif, Middle Eastern and Japanese tourists snap up $700 Omega watches, $500 Gucci handbags and $500 Brioni suits. While those prices seem stiff, they are often less than half what they would be in Tehran or Tokyo...
...small honeycombed disc on the front of the camera is a thin, gold-coated plastic foil diaphragm that acts as both transmitter and receiver of sound. The diaphragm emits a millisecond "chirp" that bounces back from the object aimed at and, in a series of steps that take a fraction of a second, fixes the lens at the precise focus, from 10 in. to infinity. Not an accessory, the device is an integral part of the camera, which will go on sale late this year. List price: about $280, v. $233 for the regular SX-70, which produces developed color...
Mellon did not return to English art in a systematic way until the late 1950s, and in fact no more than a fraction of the prodigious collection of the Yale center had been assembled before 1959. In that year Mellon met his chief aesthetic guide and mentor−his English Bernard Berenson, as it were−the late art historian Basil Taylor. Taylor, a great scholar of English art, possessed a sense of ethical delicacy almost inconceivable in the art world today (and certainly never shared by Berenson): he advised Mellon unofficially, for free, accepting only his expenses, lest...