Word: moribundity
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...Wall Street. To raise working capital in a business where inventories are high and accounts receivable often precariously higher, Schwartz has brought off some imaginative deals. Two years ago, Jonathan Logan merged with Montana's moribund Butte Copper & Zinc Co., took over its assets, earned $2,700,000 after taxes. Through Butte, Jonathan Logan got a listing on the New York Exchange (current trading symbol: JOL), became the first ladies' ready-to-wear maker to make the Big Board. The highly competitive garment business had been suspicious of "going public" because that requires a company to publish intimate...
Although the strike was the immediate cause of Hearst's selling out, the 125-year-old Sentinel has been moribund for years. To William Randolph Hearst Jr., editor in chief of the Hearst papers, the trouble with the Sentinel was the rival Journal's economic superiority: "There was no need for an advertiser to take another paper. The Sentinel just didn't run enough advertising to make a go of it." Last year, with 16,700,000 ad lines to the Journal's 51,200,000, the Sentinel lost...
...Side Story, even the guests of honor, Prince Rainier and Princess Grace, could not help tapping their feet. Despite the hazards of the location and the hackneyed nature of the music, the long concert was one more demonstration that under 40-year-old Conductor Frémaux the once-moribund Monte Carlo Orchestra is fast becoming one of Europe's most gifted ensembles...
...There were several threatening factors. Protectionism is moribund as a national issue, but there were still plenty of businessmen-from almond growers to zinc producers-who were agitating against the bill. President Kennedy has presented a good many politically shaped bills to Congress-and has condemned, in political terms, those Congressmen who have not gone along with...
Boston is moribund. Sad, but true, the better part of Boston lies in the past. The city is a mausoleum -- mighty and serene. One could spend hours reciting the mortuary charms of its innumerable cemeteries, with their illustrious dead, which dot the city's main sections as well as its periphery. The flight of industry to the South, the corruption of local politics, and the exodus of the Best People into the suburbs has decisively doomed Boston. But the ashes of a greatness that is gone remain to beguile and delight the summer visitor...