Word: paid
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Dates: during 1960-1969
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Banks last week charged government bond dealers as much as 10% a year for loans to finance their holdings of securities. Interest rates on tax-exempt local bonds reached new peaks. Cobb County, Ga., for example, paid 6.49% interest to float an issue. A block of Government-guaranteed local public-housing bonds was offered to investors at a record annual yield of 5.55%. For a person in the 50% federal income-tax bracket, that is the equivalent of an 11% return before taxes on ordinary stocks or bonds...
...coursed up and down Arizona, Utah, Wyoming and Oregon in search for the feeding grounds of Nabokov's beloved "blues." Between butterflies, Vladimir sat beside Vera jotting on 3 by 5 cards. His notes were about a man named Humbert Humbert. General Motors, so far as anyone knows, has paid scant heed to the historic fact that much of Lolita was written in a '52 Buick...
...erect a federal regulatory hurdle for Heineman, Goodrich in March paid about $2.7 million in stock to buy Motor Freight Corp., a Terre Haute-based trucking company that competes with Northwest on some rail routes. Goodrich then petitioned the Interstate Commerce Commission, urging it to rule that Northwest would need ICC approval for a merger...
...Soliciting. The all-out campaign paid valuable dividends for the established management. On Capitol Hill, Senator William Saxbe of Ohio rose to praise Goodrich's efforts to fend off "the predatory advance of a conglomerate." The Akron Beacon Journal likened Northwest to a "brash hussy trying to persuade our favorite uncle to elope." Forbes, a business biweekly, ran a long article that was so favorable to Goodrich that the company bought full-page newspaper space to reprint...
Widening Gap. Including fringe benefits, the average union construction worker now gets paid $5.91 an hour; in big cities he makes more. Philadelphia carpenters recently won a 23% pay increase, to $6.85 per hour, to be followed by a further 21% raise next year. Omaha roofers will get a 57% increase over the next two years, and Miami laborers will get a 70% boost over three years. The widening gap between wage rates in construction and manufacturing increases the chances of industrial strikes. Last year construction wage settlements were more than 31 times higher than those in oil, trucking...