Word: yielding
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Dates: during 1960-1969
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...taxpayer is, of course, enormous-running to $4 billion or $5 billion a year if surplus-disposal programs are included. Acreage controls, as the CCC's massive inventories show, are ineffectual. Merely by planting crop rows closer together and dumping on more fertilizer, the farmer can increase his yield per acre. The support price gives him an incentive to do just that. It provides a built-in impetus to production, so that a support system set up to deal with oversupply tends to perpetuate the problem...
...share of their take on the existing races. Michigan this year increased the state tax on thoroughbred racing from 6½% to 8%, on harness racing from 4½% to 5%, expects to gain $2,300,000. Massachusetts is considering both a longer season and tax changes that could yield the state some $5,000,000 beyond last year's take of $15 million. California expects to net nearly $42 million from racing this year, is considering a bill to take part of admissions and concession money as well. Pennsylvania and Vermont soon will set up their first pari...
...past four years, the world's supply of sugar has outrun demand so consistently that sugar-beet and sugarcane growers cut back on their plantings in 1962. But Europe's winter storms damaged beet crops there, and the yield of Cuba's inefficiently handled cane crop seems certain to be some 15% less than last year. As a result, speculators gambling on the likelihood of sugar shortages later this year have been pushing up the price of sugar futures. Last week these prices reached their highest levels in 40 years. Raw sugar futures were up as much...
...four months since the program's inception. 306 farmers have applied for loans. A typical case: a small New Jersey dairy farmer, who wants to develop a seven-acre lake on his land to provide camp sites and boating facilities for vacationers and fishermen. The project would yield the applicant an estimated $3,000 in net income-about as much as he now earns from farming...
...reading Latin manuscripts. The latest to cash in on the classics is a short, stocky Greek named Alexander Xenarios, who spent 30 years roaming Greece and making minor finds before he hit the jackpot: a deposit in northern Greece's Chalcidice district estimated to be able to yield 200,000 tons of copper and 60 tons of gold...