Word: yield
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Dates: during 1960-1969
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...early '60s was that the world, within a generation, would starve itself to death. Happily, that is not likely to come true. One of the unexpected and unheralded developments of the decade past was what agriculturists call "the green revolution"-the development of new, inexpensive high-yield wheat and rice grains. In the next ten years, the experts predict an extraordinary rise in farm productivity; even India, with its hundreds of millions, may become self-supporting in its food supply. Coupled with the gains from the land, man will have the technical ability to farm the sea instead...
...Fully 80% of those polled would not yield their seats on trains or buses to older persons...
...rise in rates and the concurrent drop in bond prices have speeded up enormously since the current inflation began in 1965-and especially this year. Last week, for example, the New Jersey Turnpike Authority sold $137 million worth of bonds at a tax-free interest yield of 7%, compared with a 5⅞ yield on bonds that it had sold four months earlier. Interest rates on high-grade corporate bonds are threatening to go above 9%. The yield on bellwether U.S. Treasury bonds maturing in 1992 has climbed to 6.72%, and the price of each bond has dropped from...
...first in the individual medley when Doug Moulton won a see-saw battle with Harvard's Dave Powlison. Moulton was out front early, but Powlison moved ahead at the turn of the backstroke leg before Moulton moved up to first again on his specialty, the breaststroke, and refused to yield during the freestyle...
Fictional Rate. That pressure last week brought a further rise in interest rates from their already towering levels. High-grade utility bonds were offered in Wall Street at a record 8.9% yield. William F. Butler, vice-president of the Chase Manhattan Bank, says that banks are refraining from raising their 81% prime rate on business loans only because they fear "the wrath of Congress." The prime rate is an increasingly unreliable guide to borrowing costs anyway. Growing numbers of borrowers pay as much as 10.6% interest on loans officially made at the prime rate, because banks are strictly enforcing...