Word: selling
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Nevertheless, many retailers expect their gray Christmas to be followed by sluggish spring sales. Lawrence Goodman, a vice president of Korvette, offers a bit of cheer for the consumer: "There will be great buys in January" -when stores mark down the goods that they failed to sell before Christmas...
...victory, were negotiating an arrangement to prevent the free-market price from dropping below $35. They intended to do so by loosening up the U.S.-inspired boycott against South African gold. Under the boycott, central banks had bought hardly any South African gold; this had forced South Africa to sell on the free market, driving down the price. But as the free-market price skidded, European central bankers feared for the value of their own gold reserves. In addition, the Europeans wanted to bring some new South African gold into the international monetary system in order to lessen their dependence...
...could hardly refuse their request to ease the boycott. For its part, South Africa was ready to sue for peace. Its 1969 trade deficit reached an estimated $700 million by October, largely because of imports of machinery needed to modernize its economy. Unless the South African government could sell more gold at a good price, it would have to either 1) pursue risky policies of austerity and deflation during an election year, or 2) restrict imports of machinery and compensate by upgrading the skills of black African workers...
...secret meeting last week in Rome, South African Finance Minister Nicolaas Diedrichs and Paul Volcker, U.S. Treasury Under Secretary, framed a compromise. It would permit South Africa to sell a certain amount of new gold to the International Monetary Fund whenever the country's balance of payments was in deficit and the free price sank to $35 or less. The I.M.F. would pay the official price of $35 and could then resell the metal to central banks. The deal would provide a floor under the gold price, and something of a ceiling as well. Since the I.M.F. would...
...railways. Pickpockets, exposure and starvation nearly do him in until the boy comes under the wing of a municipal madam named Queen Lil (Melina Mercouri). Lil's most valued friend is one Francis X. Sullivan (Brian Keith), a gruff newspaperman who booms about integrity and who would sell his grandmother for a headline...