Word: inroad
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Dates: during 1980-1989
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...Sharlea sheep now brings farmers $56 for about 7 lbs., in contrast with $14 to $17 for the wool of sheep raised normally. While Sharlea flocks are growing, they still account for only about 15,000 of Australia's 139 mil- lion sheep. Some critics decry even that modest inroad, insisting that sheep are happier in their natural environment. Not so, contends Robert Beggs, who has 435 shedded sheep on his farm near Melbourne. Says he: "If I opened the door and herded them out, they would be back in five minutes...
...Bank is paying 8.6% on $5,000 deposits and 11.3% on $25,000 accounts, with no fees unless the customer writes more than 30 checks a month. Says Dry Dock Chairman Robert Steele: "We're new to the checking-account business, and we hope to make a major inroad against commercial banks...