Word: marketed
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Dates: during 1960-1969
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...group of Havana University students-and a countrywide TV audience-Major Ernesto ("Che") Guevara, the scraggly-bearded president of Cuba's National Bank and the top Red in the Castro government, explained that Cuba's 3,000,000-ton sugar quota on the high-priced U.S. market (5? per lb. v. 3? on the world market) was not a good deal at all. Instead, said Che, it was a "deceitful" Yankee device designed to "enslave" Cuba by keeping it a one-crop agricultural country. "The purpose is to preclude the industrial development of this country...
...State Department's reply was swift and to the point. If the preferential quota is so onerous, then give it up. The State Department reminded Cuba that her sugar growers "have the same status as U.S. producers." By selling to the U.S. instead of on the world market, Cuba last year got, in effect, a subsidy of "more than $150 million." In addition, a preferential tariff, 20% lower for Cuba than for sugar from other countries, gave Cuban exporters another bonus of almost $8,000,000. Said State: "It would be logical to conclude from Major Guevara...
Sponsor of the new Canadian pay-TV is Trans-Canada Telemeter, Ltd., a hustling subsidiary of Famous Players Canadian Corp., the country's biggest theater chain. Famous Players bought the Telemeter franchise from Paramount, decided on Etobicoke as the best test market it could find: 96% of the 40,000 families already own TV sets, get excellent reception from five Canadian and nearby U.S. stations. Says Eugene Fitzgibbons, 38, boss of Famous Players' Telemeter subsidiary: "We wanted to compete under the toughest conditions...
...that, with 3,000 installations already guaranteed, he needs only another 4,000 sets in Etobicoke to break even, hopes eventually to snare most of Toronto's 356,000 TV receivers for Telemeter. If Telemeter scores a Canadian success, Paramount may then take another crack at the U.S. market and its estimated 50 million TV sets...
Along with an expanding economy and a growth in population, the continually rising bull market has been one of the phenomena of the postwar U.S. Last week, as stocks fell lower day by day, there were those on Wall Street who mourned its passing. Cried the New York Herald Tribune: BULL MART ENDS 10-YEAR REIGN. What lured the Tribune out on a limb-and prompted other hasty obituaries of the bull-was an oldtime market tool known as the Dow Theory, fathered by Charles H. Dow, a onetime broker and newspaperman, who founded Dow, Jones...