Word: months
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Dates: during 1960-1969
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...others, have seriously suggested that mortgage and bond issuers may have to pay variable interest rates tied to movements in consumer prices. Some experts also expect a swing from long to short-term financing. There are signs of that happening already. Executives of Hawaiian Electric Co., for example, last month wanted to-sell $18 million worth of 30-year bonds but, after consulting with underwriters, decided instead to sell an issue maturing in only five years...
...spite of President Nixon's tireless warnings that businessmen who bet on persistent inflation are bound to lose, the bets are still being placed. Wholesale commodity prices continued to rise at an estimated 4.8% annual rate in November. The index will almost certainly move up again this month because higher prices for nickel and lead were posted last week...
ENFORCEMENT: Contracts are legally binding, and LO officials deal harshly with any wildcat strike, threatening to expel an offending local from the national union. They are backed by labor courts, which have the power to fine individual strikers. When 1,000 longshore men walked out at Gothenburg last month in Sweden's first sizable wildcat strike in 20 years, they prudently announced in advance that their protest against piecework wages would last only one week...
Last winter, armed with testimonials from druggists, the two men contracted with McKesson & Robbins Drug Co. to market the pill counter nationally. Now 1,900 salesmen are distributing leases at $17.50 a month. RX COUNT has already signed 1,724 leases and its revenues are running at an annual rate of almost $362,000-just for openers. Negotiations to produce and lease the counter are going on in Canada, Europe, South Africa and Australia. Rose-berg, now 56, is talking about a model that will also package the pills, type the labels and present a bill to the customer...
...major building block, he then formed a parent holding company, Pennsylvania Life Co., which could make acquisitions more easily than an ordinary life insurance company. Pennsylvania Life has expanded to include a mutual fund, Pennsylvania Securities Co., National Central Life Insurance Co. and other insurance firms. Last month Pennsylvania Life joined with H & R Block, Inc., tax consultants, to form a new, jointly owned subsidiary. It will sell mutual funds and insurance to H & R Block clients...