Word: pay
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Dates: during 1950-1959
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...Hungary convinced many Finns that in any open quarrel with Russia, their country would have to fight alone. Besides, Russia got a hammer lock on the Finnish economy, or at least a half nelson, by exacting such heavy reparations after World War II that the Finns, in order to pay them, had to set up industry for which Russia is the only real market...
...salaries), Northland faces an even rosier future. Says go-getting President Turbeville, who has turned down industry offers at more than double his $15,000 salary: "In ten years we'll be able to hire the best brains in the world. If they can teach, we'll pay them $25,000 yearly...
...hour boost, and the industry has counterproposed a 15? wage slash. Despite the wide gulf in wage proposals, however, the big fight will still be over union featherbedding. To eliminate featherbedding, the rail companies asked the rail unions to: ¶ Extend the basic day's mileage pay from 100 miles to 160 miles. The 100-mile rate was established in 1919, when freight trains averaged 12½ m.p.h., passenger trains 20 m.p.h. Today it means that a railroader can do his day's work in as little as two hours. ¶ Wipe out the distinction between the work...
...amount he paid for the option. While puts and calls are primarily used for speculating, they are also being used more to limit losses, protect paper profits, and for tax advantages. Primarily, they are for the stock market sophisticate who can afford to lose the premiums he must pay to speculate...
...seller to avoid big losses, Filer cites two rules: 1) never sell a call option unless you own the stock, since you may have to buy it at a higher price if the call is exercised; and 2) never sell a put option unless you have the money to pay for the stock if the stock is put to you. "Following these rules," says Filer, "the risk in selling options is no greater than the risk in owning stocks...