Word: unload
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Dates: during 1970-1979
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...manufacturers completely redesign their ski models each year, thereby forcing dealers to unload surpluses at reduced prices. But this year, because of the general tightening of money and the dim fuel prospects, manufacturers and dealers have found themselves sitting on huge inventories of both last year's and this year's equipment...
...invested nearly all of their oil revenues in dollars and British pounds; lately, they have begun to spread out and funnel more of their receipts into other currencies, notably the Swiss franc. Alarmed at a sudden and disruptive surge in demand for Swiss francs from nervous outsiders eager to unload dollar holdings, the Berne government took steps to stop the surge. Nonresident foreigners will have to pay 3% quarterly penalties on new bank deposits of more than 50,000 Swiss francs...
...baccalaureate speech was more ambiguous, but Dean Willard L. Sperry of the Harvard Divinity School warned women against massive materialism and told them to avoid "the contagious seduction of the mass movements of our time. They invite you to unload the responsibilities of personal life upon society as a whole...
...urged the Federal Communications Commission to ban single ownership of daily papers and TV stations in the same city (there are now an estimated 83 such combinations in 78 cities). The department's antitrust division recommended that dual owners be given from five to eight years to unload one property or the other; it suggested that owners be allowed to trade papers or stations with those in other cities, a move that would allow them to remain in both businesses while cutting back their power in any one community...
...stock, bought 35,000 shares for its own account, the price of the stock continued to drift down to a Wednesday close of 46½. By week's end it had recovered only to 50⅞. Veteran Wall Streeters blamed a herd instinct among institutional money managers to unload immediately a stock that had been publicly labeled risky-or, in other words, panic...