Word: pinched
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...consequence, with the Federal Reserve putting strong brakes on the nation's money supply, bond interest rates soared so rapidly last month that one issue after another proved unsalable at its offering price. At the height of that pinch, investors even spurned half of a 61% issue by such a blue-chip utility as Southern California Edison, and American Telephone & Telegraph's new $250 million bond issue sold at a stunning 5qr% discount, thus offering a 5.96% return. That is the highest yield for any prime U.S. corporate bond since...
Patrolman Alan Schuman, 42, who had been guarding another prisoner, responded to the nurse's call. "This," he marveled, "is the biggest pinch I've made in my 19 years on the force...
...promote a pet activist project: the Negro Industrial and Economic Union. "We want to instill a sense of pride in the 22 million black people in the U.S.," he said. Although he is giving up a $65,000-a-year job with the Browns, Jim will hardly feel the pinch. He is getting $40,000 for his movie role as a racist murderer. "He could," says a Hollywood pressagent, "become the black Rock Hudson...
...performance that did indeed bring Peking's aid, from Chinese tanks and MIGs to rifles. But Bhutto's approach also helped bring an end to U.S. economic assistance a year ago, and eventually the pinch began to hurt. In the best tradition of middle-of-theroadmanship, Ayub began to veer back toward the West, beginning with a visit to Washington last December. Bhutto did not approve, and more and more Ayub turned elsewhere for counsel. In announcing Bhutto's departure, Ayub, who will take over the Foreign Ministry portfolio himself, insisted that it would lead...
...inhabitants of Britain's fringe last week were indeed feeling the pinch of Britain's three-week-old shipping strike...