Word: thirdly
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Dates: during 1960-1969
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...eighth inning Cook got first on balls, stole second, went to third on an error by Williams and reached home on Wiggin's two -bagger. Dickinson flied out to centre. Scannell struck out, and Winslow flied out to short...
...eighth Trenchard hit safely and reached second owing to Whittemore's muff of Corbett's throw. Ward then knocked a hot liner to Winslow, who made a beautiful catch and, running to second, reached there before Trenchard, who had started for third, could return...
What this means, in short, is that Harvard is only spending about one-third of the income from its endowment. The bulk of the income is reinvested, or more precisely, remains invested in the form of unregistered capital gains. Why is the Corporation so stingy wiht its money, while students fees are having such a dramatic effect on the makeup of the student body...
...sextupled, which means an average increase of about 8.4 per cent a year compounded. This annual rate of increase is made up mainly of value appreciation but it also includes gifts for capital and undistributed "income." Put in more general terms, the investments have increased about two and one-third times every ten years, which leads us to predict that by 1977 they will be worth about $2.4 billion. Isn't this enough -- perhaps even more than enough earning power for the long run? To answer this, we will calculate the long term effects on the investments of increased immediate...
...fact, however, there are substantial unrestricted funds around. In 1967, for example, nearly one-third of the $38-million given to the University was totally without qualification. And the best estimate from University figures indicates that over one-fifth of the total endowment or about $200 million is unrestricted funds. So the University has a pretty big tub in its own right, which could, it would appear, be used to fund faculties in financial trouble (without charging interest...