Word: perring
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Dates: during 1960-1969
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...where he can earn a princely $12 per hour denuding sheep, the shearer contributes to the high cost of woolen garments. But the shearer's days of glory may well be numbered...
...contribution with overall guidelines, rules and benefits vary enormously from state to state, city to city. In Cleveland, 80% of those who apply for welfare are accepted; in Houston, only 30%. In one important program, Aid to Families with Dependent Children, New York State offers benefits of $71.75 per person, as compared with $8.50 in Mississippi. No one knows how much the wide welfare gap between North and South has contributed to the migration of poor Southern Negroes to big-city ghettos-but it must have been a factor...
...records and cranking out as many as three movies a year at an average of $1,000,000 each. Now the arithmetic has changed, and Elvis will be turning them on live in the future. "It's more profitable than movies," says a spokesman, explaining that $100,000 per concert is not out of line for a man of Elvis' talents these days. Thus a concert a week for ten weeks equals $1,000,-000-compared to the 15 work-filled weeks it takes to make a movie for the same price...
...issued by such local and state authorities do not have to pay federal income tax on the proceeds of the bonds, they are willing to accept a lower interest rate than they otherwise would demand. Currently, the interest rate on the tax-exempt bonds is slightly more than four per cent. Borrowing at a bank can cost about seven per cent. Harvard gets an annual return of about 5.8 per cent on its general investment funds...
Harvard could thus save about one or two per cent of its construction costs--a major saving for a University that now has about $100 million of construction under way, in the active planning state, or slated for building within the next six or seven years...