Word: marketed
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Dates: during 1970-1979
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...transported in U.S.-flag ships-would fuel inflation. Main reasons: since U.S. shipping lines pay higher wages and observe higher safety standards than foreign competitors, they cost up to 50% more to operate. Domestic tankers now carry only 4% of U.S. oil imports. If their share of the market were increased to 9.5%, it would mean more business for the U.S. shippers and more jobs for U.S. seamen, but, economists estimate, it could cost the nation an additional $300 million for foreign oil. Because of higher transportation costs, the big petroleum companies would have to pay more for Arabian crude...
...firemen to chop up the floors, exposing the loot. Then the "mango hunters," as New York cops call them for their practice of reaping a harvest of stolen goods, move in, drag ou the fire-resistant fixtures and sell them -a bathtub is worth $25 on the open market, a wash basin $15. Some areas of New York are being burned systematical!) block by block as frightened resident; move out, slumlords make no move to protect their all but empty-and insured -buildings, and the torches move...
...price controls, jawboning-no, no, no, they don't want that." The President himself notes that the Federal Reserve's sporadic efforts to check inflation by restricting the growth of money supply push up interest rates -and rising interest rates have helped to depress the stock market. Last week the White House issued a highly unusual "notice to the press" warning the Federal Reserve not to push interest rates higher...
Some other matters are disturbing to the business community. I think one of the major reasons for perhaps a lowering in the stock market values has been the increase of fluidity of the money supply and the increase in interest rates put on by the Federal Reserve Board. But I think that once we get through this session with an energy package that is adequate and once the tax-reform proposals are revealed, there will be restoration of some business confidence in myself...
Although last year's financial report has not yet been finalized, officials this week estimated that the market value of Harvard's portfolio rose last year, reaching a record $1.45 billion...