Word: half
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Dates: during 1960-1969
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...activity through the Midwest Exchange, which has more lenient rules, the firm has laid off some 10% of its 450 employees. Meanwhile, McDonnell & Co., beset by financial and operating problems, recently sold one of its three Big Board seats (for $375,000) and laid off 70 employees, including about half of its research staff. To increase its capital to the level required by the New York Stock Exchange, the firm also borrowed $600,000 from another brokerage house, Scheinman, Hochstin & Trotta, and arranged for up to $10 million more from private sources...
...days or more uncorrected. Some firms have been forced to borrow to satisfy this requirement, and high interest charges eat further into profits. For Philadelphia's Drexel Harriman Ripley, Inc., for example, interest paid on borrowed money amounted to 13% of gross revenues in the first half...
...subject is a whale; the insight is into man. For Dr. Scheffer's supreme achievement is to take the king of the ocean's beasts, careering half-blindly across the world's seas, and cast him as Lear...
There are still few capitalists among the U.S.'s 22 million blacks. They own only 3% of the nation's businesses - and that 3% accounts for less than 1% of U.S. business receipts. In greater Harlem, which has a population of half a million, there are fewer than 25 black-owned businesses that have more than 25 employees. Few of the important stores on 125th Street, the major artery of Harlem, are black-owned. True, more and more Negro entrepreneurs are rising, but too few have received any real help from the Nixon Administration, whose programs for black...
...three-quarters of the Crimson's talented defensive backfield. But the Crimson's high-scoring offense of last year has indirectly produced what may be this year's strength--experienced reserves who can step into staring positions. Harvard's explosiveness early in its games last fall often produced sizeable half-time leads, and Yovicsin took advantage of them to give second and third team players prolonged and valuable game-time. The reserves are back now, and graduation has opened holes that they'll be able to fill more than adequately. The sophomores, fortunately, are providing help where the Crimson needs...