Word: discount
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Dates: during 1960-1969
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...tickets had not been sold by the beginning of April. In fact very few of the tickets had been sold. To confuse the issue the Conspirators wrote their first fraudulent sign offering tickets for sale at a discount...
Disturbed by the corporate borrowing, Federal Reserve Board Chairman William McChesney Martin Jr. warned that it was time to "pressure banks to ration credit." After the stock exchanges had closed for the three-day Easter weekend, the board moved on two fronts. First, it raised the discount rate (the interest that banks pay for the money they borrow) from 5½% to 6%. The increase, second in four months, brought the rate to its highest level since the 1929 crash. To make money more scarce as well as more costly, the board also increased the amount of cash that banks...
...fact, the reference to Negro inferiority is largely irrelevant to the article's main purpose, which is a declaration of war on those social scientists who discount man's genetic intellectual heritage. "The possible importance of genetic factors in racial behavioral differences," writes Jensen, "has been greatly ignored, almost to the point of being a tabooed subject . . . The slighting of the role of genetics in the study of intelligence can only hinder investigation and understanding of the conditions, processes and limits through which the social environment influences human behavior...
ABOUT 3 p.m., we pulled into town, Milford is one of those small New England villages (population 5200) whose picturesque colonial atmosphere has succumbed to the 20th century. Many of the old wooden structures (even a colonial church) have been transformed into grimy liquor stores, Western Auto discount stores, small grocery stores. The center of town is surround by gas stations. And in the dead center of the main square is a deserted and forlorn bandstand, its white wooden sides smudged with dirt and exhaust, its green platform sagging at the middle...
...arrival of the discount house in the last ten years has really put us in a squeeze," Brown admits. "We have always tried to price as low as anyone, but now that low is relatively much lower than before. In order to get a dividend, the Coop must cut corners wherever it can. The rebate has to come from somewhere if it doesn't come from higher prices. You can't have a superlative store and fixturing, $5-an-hour sales people, maintain discount prices, provide a lot of service in the form of special orders and still expect...