Word: marketed
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Dates: during 1950-1959
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...ruble's official exchange rate is four to the dollar, the tourist rate ten to the dollar, and on Russia's active black market in currency the rate sometimes leaps as high...
Havana's egg business became exclusive property of the National Institute of Agrarian Reform (INRA) because Castro is upset about overproduction and a drastic drop in prices. Farmers must sell their eggs at dictated prices to INRA, which will hold back part of the crop from market. Bat guano is an even more ambitious INRA undertaking, first sparked by Entrepreneur Bud Arvey (son of Chicago Democratic Bigwig Jake Arvey), who hit Cuba last spring with a plan to join the Castro government in a $500,000 partnership to scrape the guano deposits from caves in Pinar...
...first test of the 1960 auto market came last week as the new cars rolled into the nation's showrooms-and the rush was on. The big sales news of the week was made by Chevrolet's compact Corvair. In its first two days of public showing, the Corvair chalked up orders and deliveries of 26,000 cars, more than 35% of Chevy's two-day total of 75,000. The news was both good and bad for Chevy: the company had hoped to sell one Corvair for every five Chevrolets; instead, it was selling...
JAPANESE EXPORTS of optical products are squeezing Germans out of their market at home as well as overseas. One out of every six microscopes and field glasses sold in Germany now comes from Japan. Japanese optical imports to U.S. last year reached $10.8 million v. $2.5 million from Germany...
There were other reasons for the smiles in Washington. The new bonds promptly sold at a premium on a when-issued basis. This reduced their yield to buyers to 4.79%, but it also stirred interest in other Government bonds, perked up the market to the best level in weeks. Though nearly $9 billion of Treasury securities fall due Nov. 15 and must be refinanced, they continued strong on the hunch that if the Government comes back with another 5% issue next month, the holders of these notes would receive valuable subscription rights...