Word: wheeling
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Straddles, hedges, shorts, longs. To most people, the argot of commodities trading is about as exciting and intelligible as the fine print in a Eurobond offering. Not, however, to the traders and speculators who wheel and deal on the floors of the commodity exchanges of the Midwest, where most of the nation's grain trading takes place. For the high rollers in the mysterious world of wheat and corn futures, soybean stop orders and daily limit moves, commodities are the stuff of fast fortunes...
...rebates last year. In Kansas City and Cincinnati last month it began dispensing checks of $50 and $25 respectively to anyone who first test drives a Chrysler product and then buys a car -any car, even a Chevrolet. The promotions all aim to get the potential buyer behind the wheel of a Chrysler. Once he is there, asserts Vice President John R. Givens, there is a better-than-even chance that he will buy one of the company's cars. Certainly Chrysler is beginning to benefit from the credibility it gained after Congress passed the federal loan guarantee...
...burlap, what can it mean? To what imaginable modernist context do the many style rétro canvases in this show belong?Giovanni Boldini's portrait of Mme. Max, for instance, or Albert Maignan's Passage of Fortune, 1895, with its gauze-veiled figure of Lady Luck bumping on her wheel down the steps of the Paris Bourse? In such respects, the show will do much to replace the "heroic" image of early modernism?the intransigents battling the Academy?with a cozier picture, in which pompier and avant-garde share the common ground of being figurative, of supplying comprehensible images...
...election to a third term, the exhausted Convention selects Richard Nixon as its standard bearer. Not to be outdone by Carter, Nixon chooses the Dalai Lama as his running mate, saying that he hopes having an incarnate Buddha on the ticket will "allow the Republican Party to escape the wheel of death and rebirth...
...Shah as a stable and valuable ally. Washington was annoyed by the Shah's insistence on raising oil prices at every OPEC meeting, yet that irritation was outweighed by the fact that the Shah was staunchly anti-Communist and a valuable balance wheel in Middle East politics. Eager to build up Iran as a "regional influential" that could act as America's surrogate policeman of the Persian Gulf, the U.S. lent the Shah its all-out support. President Richard Nixon and Secretary of State Henry Kissinger allowed him to buy all the modern weapons he wanted. Washington also gave...