Word: pork
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...management firm. Venturesome traders across the U.S. are turning an esoteric-sounding new way of investing money into one of the hottest and fastest-growing ways to cash in on the bull market: stock index futures contracts. They are akin to commodities contracts, but on nothing so tangible as pork bellies or bushels of wheat. More than 1 million of the contracts changed hands in July, and their daily value at times reached $5 billion. Stock index futures, introduced in February 1982 and now traded on exchanges in Chicago, Kansas City and New York, are basically bets on whether...
...cows, hogs and chickens, the shortfall will probably raise meat prices by the spring of 1984. Government economists estimate that the increases will drive up next year's grocery costs by 5% to 8%. Since such figures are an average for all foods, the prices of beef, pork and poultry are apt to jump even more. In the months immediately ahead, however, those prices may show an interim drop, since farmers anticipating rising grain costs because of the poor harvest will tend to sell off their livestock...
...always recognized. By and large, traditional power has tended to slip from the grasp of special-interest groups. Pulp and paper companies no longer control Maine; Anaconda Copper has long since closed its "hospitality rooms" in Montana's state capital at Helena; Florida's rural "pork chop gang" must now share power with the arroz con polio and corned-beef crowds, and it has been quite a while since anyone has accused U.S. Steel and the Pennsylvania Railroad of manipulating the Keystone State...
...awarded. However, with the firm Schlossberg-Cassidy doing the lobbying. Columbia and Catholic convinced legislators to include in the 1984 budget, projects earmarked specifically for them, thus by passing the peer group when normally evaluates who should receive funds. By turning the distribution of federal science subsidies into a pork barrel. Columbia and Catholic have threatened to set a worn some precedent that would remove qualified scientific boards from the selection process Paul C Martin. dean of Harvard's Division of Applied Sciences says, "Certainly on the face of there if there is cause for concern...
...thing that rivals the preeminence of hamburgers in the Square, it's Chinese best, clearly the best of the possible international fare. Actually, the Oriental cuisine is rather workman like compared to some of the more trendy Boston emporiums But most are relatively cheap and the moo-shi pork and sweet and sour soup provide constant solace in the onslaught of halibut cheese and jello...