Word: tight
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Dates: during 1970-1979
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...because the rising pound (it has climbed in value from $ 1.70 to $2.20 in the past two years) has cut the price of U.S. properties. Though Howard Johnson's management will stay on, the firm is expected to be more aggressive in marketing and expanding, notably on the tight little island where Baskin-Robbins already does a licking good business. Says Imperial Chairman Sir John Pile: "I would expect a Howard Johnson's presence in Britain before too long...
...passing game, which clicked well after a shaky start, was sparked by a fine afternoon from fullback Beatrice. Coming out of the backfield and roaming the flats--left vacant by the young Columbia linebackers, who had been drawn in tight by a good Harvard rushing attack--Beatric combined 39 yards as a receiver with 29 yards on the ground. Superend Rich Horner, catching three for 75 yards, including a 36-yd. first quarter dazzler, also enjoyed a fine afternoon...
When you squeeze me tight, you make the wrong things right...
...billion. Another $4 billion to $5 billion also could come into the market from Europe, where record amounts of cash have been stuffed into short-term securities. The Europeans are waiting to see if the Carter Administration is serious about defending the dollar and beating back inflation by maintaining tight fiscal and monetary policies...
Schreiber keeps tight control over his agents in Frankfurt, New York, London, Hong Kong and Singapore, contacting his team almost instantly to find out who is buying, where and why. Such intelligence enables the bank to be extremely precise in its own actions. Says Schreiber: "Even after we submit written bids, we usually adjust them by a few cents via Telex right down to the deadline." At the U.S. Treasury auction last month, Dresdner's bid came in just high enough to win, and a Swiss competitor's offer failed by only 20? per oz. One clear moral...