Word: halfe
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Dates: during 1960-1969
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...group two weeks ago landed its first order for an oilberg, a 250,000-tonner to be constructed for Anglo Norness, a Bermuda-based shipping company. The builder will launch the huge ship in two sections and weld them together in the water. "We don't know which half to christen first," says Ross Belch, a joint managing director. "We're not sure that we can afford two bottles of champagne...
...liquor and tobacco store, where passengers can pick and choose just as they do in a neighborhood supermarket. Another innovation is a tax-free automobile showroom with a choice of 21 models, including a British Ford Cortina for $1,500, about 23% less than the London price tag. Within half an hour of arrival, a traveler can drive away in his new car, complete with documents and license plate. In the Schiphol antique shop, 21 Dutch dealers have joined to offer a large selection of their wares, and will cut 12% or more on items priced over $280. To keep...
...income Mr. Bennett is referring to dividends and interest which that year amounted to a little more than predicted--$42.5 million. Yet not even all of this was spent. Two and one-half million was transferred to the principal of the endowment funds and another six million stayed in a fund entitled "Investment income reserved for future distribution," which is Harvard's way of saying that the money was just reinvested. That reserve fund, in fact, is an excellent example of income disuse; it has grown 2,590 per cent since the end of the Second World War (or more...
...fact, in this period the Faculty had a total net surplus (income over expenditures) of over $8 million. More than four and a half million dollars of this was transferred into the principal of the endowment and most of the rest ended up in various reserves and loan funds...
Realizing that the Friends have been supplying substantial funds during the last few successful crew seasons, the lightweights contributed almost half of the required sum themselves. They supplied $3200 of the anticipated $7800 bill, and the Friends of Harvard Rowing gave the rest...