Word: redeeming
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...held in small blocs, many of which are listed only under "street names" in banks and brokerage houses. Neither side would state its share totals. Simon announced that Hunt Foods held a substantial bloc, may increase it by another 200,000 shares. Crucible's board voted to redeem 99,880 convertible preferred shares; since the preferred can be exchanged on the basis of 3.45 common shares for each one of preferred, the move would raise Crucible's outstanding shares to 4,223,760 and dilute the strength of the Rubin group...
...Land. It fell to the American fighting man to redeem Johnson's pledge. Plunged abruptly into a punishing environment, pitted against a foe whose murderously effective tactics had been perfected over two decades, the G.I. faced the strangest...
...Hindemith's rarely performed Cardillac. Premiered in 1926, the opera -a starkly sketched exercise in early expressionism-is hardly everyone's cup of tea. Yet as interpreted by Director Rudolf Hartmann and Fischer-Dieskau, cast as a goldsmith who peddles his handiwork by day only to redeem it at night by killing off his customers, Cardillac proved the surprise hit of the month-long festival. Stable Serenade. At 40, Fischer-Dieskau is a comparative newcomer to the world's opera houses. Long the foremost interpreter of German lieder, he only recently turned to opera on a more...
...their currency with dollars and pounds. Every central bank has the legal right to convert its dollars to pounds at the rate set by the U.S. Treasury: 35 dollars to the ounce. But every central bank knows that the U.S. Treasury just doesn't have enough gold to redeem every dollar in foreign hands. Therefore, every central bank is reluctant to hold dollars as reserves when other central banks are exchanging their own dollars for gold...
...immoralists merely seek to show the world as they see it, in all its horror and lovelessness; but that is simply the old error of confusing art with event, a propagation of the notion that a novel trying to convey dullness must be dull. Sheer nightmare does not redeem a book any more than sheer polly-annaism. The Genet-Burroughs crowd, including such lesser sensationalists as John Rechy (City of Night) and Hubert Selby (Last Exit to Brooklyn), are not pornographers, if pornography is defined as arousing sexual excitement. These writers have created a pornography of nausea, which if anything...