Word: sales
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Dates: during 1970-1979
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...back to the broker. The old man wearily placed it in his old leather pouch, held together with tape and rubber bands, and produced another packet. The two haggled for a moment in Yiddish and then the second packet was also rejected. That day there would be no sale between the broker, who carried the diamonds around on consignment, and the cutter. The visitor took his worn pouch, holding stones worth thousands of dollars, and concealed it in an inside pocket of his coat. Then he headed off to another shop...
...Campbell, 41, who is both the twelfth Duke of Argyll and Chief of the Clan Campbell, says he is surprised how "darned fast" the news of the sale got around and claims a dozen offers "from all over the world." Campbell is selling the island because he owes the government $1 million, the result of estate duties incurred on the death of his father in 1973. He says he shares his countrymen's concern for lona's future and would prefer to turn it over to the National Trust of Scotland, which would ensure the preservation...
...year-old, two-tier price structure for domestic crude. This sets a low rate (now an average $5.65 per bbl.) for "old" oil already in production and, as an incentive for more exploration, a higher price (now $12.53) for "new" finds. The fraud involves false certification and sale of the cheaper "old" oil as expensive "new," an easy matter of fixing papers to hide origins, since all the crude looks the same...
After the sale, Hampshire employed Standish, Ayer and Woods, an investment management firm, to reinvest its money. In summer 1978, the Committee at Hampshire on Investment Responsibility (CHOIR), set up after the demonstration to review all new investments, learned of the South African investments...
...floor, and at present, no ceiling-on prices anyway. It is often called the Rotterdam market because most of the world's spot oil moves through that Dutch port city. But the spot market exists anywhere that a trader with a shipload of oil available for immediate sale can connect with a big-ticket buyer. Transactions can be and have been made in London, Houston, Hong Kong and Eleventh Avenue diners in Manhattan...