Word: minting
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Dates: during 1970-1979
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...number of maxims are in trouble if economists at the Research Triangle Institute, a North Carolina think tank, have their way. The institute, commissioned by the Bureau of the Mint to analyze U.S. coin needs, wants the Government to stop producing the penny by 1980, along with reducing the size of the dollar coin and dropping the half-dollar...
...inflation; people do not want to be bothered with it. Though an estimated 40 billion pennies are supposed to be in circulation; millions are removed each year as they pile up in dresser drawers and Mason jars. The more that are withdrawn, the more the Government has to mint so that merchants will be assured a steady supply. The report estimates that by 1990 the mint will have to turn out 37 billion pennies a year (compared with 9 billion today); by then, the cost of manufacturing a penny will be about 1.5?, more than double today's cost...
...Taylors' home in White Swan, Wash, (pop. 400), and the swampy Florida bottom lands, or slews, where Hill was raised. Since then, Seattle Slew has given the Taylors seven occasions to hoist a glass in victory celebration, the best of all coming last Saturday at Churchill Downs: mint juleps...
...trouper even if he doesn't say "Arf." Since Annie is the sort of wholesome family fare audiences are always supposed to be arfing for, Broadway's latest tryst with nostalgia will doubtless turn the till at the Alvin Theater into a reasonable facsimile of the U.S. Mint. T.E.K...
...past, the company and Sinatra seemed an ideal match. In addition to its real estate and construction activity, the company owns four major Nevada hotels and casinos: the Sahara and the Mint in Las Vegas, the Sahara Tahoe in Lake Tahoe and the Primadonna in Reno. Sinatra is both a Las Vegas entertainment idol and an entrepreneur. He even held a Nevada gaming license in the early '60s. Evidently impressed by Webb's potential, Sinatra in 1975 quietly began to acquire 420,000 shares, or 5%, of the company's outstanding stock. To finance part...