Word: offerred
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Dates: during 1970-1979
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...purchase the Washington Star. As described by the Daily Mail, the department in 1976 "loaned" $11.5 million from the slush fund to Michigan Publisher John P. McGoff, who is co-owner with Eschel Rhoodie and Mulder of a large farm in the Transvaal, to finance a $26.3 million offer for the paper. Joe Allbritton, the Texan who owned the newspaper from 1974 until he sold it to Time Inc. this year, denies that McGoff ever approached him. McGoff, whose Panax Corp. publishing company acknowledges bidding for the Star before Allbritton bought it, has denounced the Daily Mail story about...
...British elections can be won and lost. And Callaghan has problems ahead in persuading intransigent workers to accept the wisdom of his incomes policy. Last week 57,000 assembly-line workers at Ford Motor Co. Ltd., in the seventh week of a strike for higher pay, rejected a company offer of a 16.5% increase. Meanwhile, workers in the public sector, from teachers to trash men, are also pushing for raises of up to 40%. If Callaghan hangs tough and a winter of strikes follows, the result could be stormy for Sunny...
Some help for the inflation-weary: the nation's 4,668 federally chartered banks can now offer interest on what is, in effect, money deposited for checking, and many have begun doing so. For the first time since the Depression, consumers can get some return on funds that the banks have long been able to use for free...
Alas, checking with interest has arrived amid considerable confusion because two systems are in contention. Under a Federal Reserve Board ruling effective Nov. 1, all member banks can offer so-called preauthorized automatic transfer schemes, or PATS. Depositors keep separate savings and checking accounts and authorize the automatic transfer of funds out of savings to cover withdrawals from checking...
...deposits are held in savings, where the money earns a maximum interest of 5% a year right up to the moment of withdrawal. But banks that offer the service can charge steep fees, sometimes as much as 25? for every check written, plus a monthly service fee that may be as high as $5 if the savings balance drops below a preset level. Thus PAT accounts may be profitable only for depositors who write few checks and can maintain a balance of close...