Word: investors
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Dates: during 1970-1979
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...River Valley Sugarbeet Growers Association, organized 1,600 farmers to put up $20 million in cash, borrow another $47 million and buy out the company. Now they run the mills, sell sugar directly to industrial users and have access to a company computer that provides each farmer-investor with a detailed analysis of his beet fields for the past three years...
...Investors. To encourage risk-taking investment, taxpayers can exclude completely "from their taxable earnings 60%, instead of the current 50%, of the gains realized from the sale of capital assets; in no case will an investor have to pay more than 28% taxes on capital gains, a cut from the present maximum...
Brokers are sharply divided on the merits of the gambling mania. Some regard it as a welcome sign that the small investor is at last returning to the market. Many more would agree with E.F. Hutton Vice President Anthony Correra, who warns that gambling stocks "have run up too far, too fast. We think traders should sell and take their profits while they can." That is what the smart money may have been doing. In June, Securities and Exchange Commission records show, Resorts officers sold 24,800 shares in their own company, which were then valued at $1.87 million...
Much demand is coming from Americans who apparently no longer trust their own currency. Says Gold Trader Joel Goodman of Perera Co. in Manhattan "The whole clientele has changed. I'm now selling to the little investor who wants to protect his savings from the effects of inflation. Money is coming out of bank accounts, stocks and even real estate and going into gold...
David G. Hartman, head tutor of the Economics Department and an investor with Dillon, said last night "nothing has ever happened to me to raise any questions at all. Bill has always been very business like...