Word: owners
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Dates: during 1970-1979
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...rapid transit system and near the mammoth Dallas-Fort Worth Airport. A Dallas real estate group recently sold for $45,000 a parcel of virgin land that it had bought only two months earlier for a mere $6,000. To a lesser extent, inflation also benefits the typical owner of a mortgaged home. Since the value of the dollars used to repay the debt is lessening, the mortgage is, in effect, becoming cheaper...
PETROLEUM. Steadily rising prices for petroleum products ensure that owners of drilling rights will make a killing. Although the Government controls the price of most oil, two important categories are exempt from regulation: "new" crude (the amount a well produces in excess of what it pumped during the corresponding period in 1972) and oil from "stripper" wells that produce 10 bbl. a day or less. Stripper oil is selling for as much as $10 per bbl., enabling the owner of a well that produces 5 bbl. daily to turn a profit from a property that a year ago would have...
...shrewdest traders and drafters in pro basketball. Before corning to Buffalo. Donovan built the Knicks into a championship team by drafting the likes of Bill Bradley, Walt Frazier and Willis Reed, and trading for Dave De Busschere and Dick Barnett. In Buffalo. Donovan found in Owner Paul Snyder a man who was eager to underwrite similar maneuvering with a philosophy that "good players deserve high salaries...
...second largest in Europe and sixth largest in the world, was considered until recently the private-enterprise showpiece of the Italian economy. Today, racked by labor troubles, declining sales, and most of all government interference in its affairs, it is being mentioned as a possible candidate for partial state owner ship. The company's leaders, 53-year-old Chairman Giovanni Agnelli and his 39-year-old brother, Managing Director Umberto, are deeply committed to keeping the company in the private sector, but they face conditions that Umberto has publicly labeled impossible...
...neat bit of story-line legerdemain Stones contrives that neither deserves the tube, and awards it to the rightful owner--the giant rat of sumatra, which for centuries has watched over the tube in the temple of Ampere-Watt. The English-man is very proper and aesthetically motivated. Class war is avoided, and Jonas Acme continues to grease the proletariat with Pig-oil beer--which doesn't make this record very revolutionary...