Word: yielding
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Dates: during 1950-1959
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TREASURY BORROWING costs are still rising. Latest offering of $2 billion in 245-day tax-anticipation bills sold at an average yield to buyers of 4.783%, the highest rate paid on such securities since...
...roared into a 20-acre cornfield. The three heads on his $2,400 corn picker attacked the tall standing rows of corn. Long before Farmer Landers had made even one turn around the field, the trailer hitched to his tractor was overflowing with fat, golden ears. His expected yield: 90 bu. to the acre, v. less than 60 last year...
Pick Your Yield. The one redeeming feature of the new law is that price supports are based on 90% of the average selling price on the open market of the last three years, with a floor of 65% of parity. This year market prices are poor. Farm storage space is already so taxed that farmers will have to sell much of their crop in the open market at prices as low as 90? per bu., for the lack of a place to store it. Averaged over three years, the lower prices mean that a 4?-to-6? drop is possible...
There were other reasons for the smiles in Washington. The new bonds promptly sold at a premium on a when-issued basis. This reduced their yield to buyers to 4.79%, but it also stirred interest in other Government bonds, perked up the market to the best level in weeks. Though nearly $9 billion of Treasury securities fall due Nov. 15 and must be refinanced, they continued strong on the hunch that if the Government comes back with another 5% issue next month, the holders of these notes would receive valuable subscription rights...
Harvard voters undoubtedly have some sympathy for the rhino romp that marked the Sao Paulo contest. Elections on campus are often conducted in the same sort of spirit, and yield only slightly more fruitful results. Lamont DuPont had thinner skin and a less prominent nose than Carareco, the rhinoceros, but he, too, easily defeated a field of less illustrious candidates. Pogo once roused vigorous support in a local campaign, too vigorous for many. It is good, but a little sad, to commemorate the election of the rhinoceros in another country; for it recalls a day when students here fought...