Word: beefed
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...margin, investors can buy a commodity contract valued at $10,000, gambling that it can be resold at a higher price. To the list of dozens of commodities (including soybeans, wheat and pork bellies), the Chicago Mercantile Exchange last month added a new opportunity for investors: futures in dressed beef...
Perilous Balance. As might be expected in such a country, New Zealand has problems, and solutions cannot be put off until tomorrow. One big problem is a dog-chasing-tail economy: with little industry of its own, the country depends heavily on exports of its butter, beef, mutton and wool to balance the steady flow of imports that its people need. The balance has become so perilous that New Zealand has decided to make some major changes in its economy. Last week the government approved the creation of a native steel industry that will refine ore from New Zealand...
Both the French and Germans contend that their schemes eliminate color distortions, which they claim may turn actors roast-beef red or grass overly emerald green when the U.S. system is used-over long-distance lines. U.S. technicians insist that such problems have long since been overcome, that the rival plans are too costly and that the French system has many other bugs...
What makes for a successful political fund-raising dinner? According to Sidney Captain, Republican finance chairman in Baltimore County, Md., and one of the G.O.P.'s most experienced banqueteers, the answer is beef, booze and "hostesses-make them slender and pretty." How to make a form letter appear to be personally signed? Well, there is an offset process that produces smudgeable signatures that look exactly as if they had been written in blue...
...Caribe Hilton, Eartha Kitt was belting them out at the Americana, and strolling violins pierced the air in the Shalom Room of the Lee Hotel, which features its own synagogue. For the economy class, San Juan's hotel row has hatched two Red Rooster restaurants ("where corned beef and pastrami are king"); another, in staid Old San Juan, was discreetly latinized to El Gallo Rojo. This year there are Sunday bullfights in the Sixto Escobar Stadium-but no blood, as a concession to sensitive American tastes...