Word: amounts
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Dates: during 1950-1959
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...bankers are working harder than ever before to build up a new pool of capital from the humble sav ings account. While U.S. consumers have been saving between 6% and 7% of their income after taxes in the past few years, the savings fell considerably short of the amount bankers estimate they need to replenish their lendable funds. In an all-out effort to pull in more savings, the bankers are revolutionizing U.S. banking methods. Gone is the old-fashioned banker of granite mien and glassy-eyed stare...
...negligence is proved. Since no negligence has been proved, the Swedish American line will pay $4,000,000, the value of the Stockholm after the collision, into a joint liability fund. The Andrea Doria being a total loss, its owners will pay only $400,000 into the fund, the amount the ill- fated vessel earned on its last trip. If the $4,400,000 total is not enough to satisfy the passenger-cargo claims, the Andrea Doria will hike its contribution another $1,800,000. The $4,400,000-to-$6,200,000 funds looked ridiculously small beside...
...advantage of the limitation of liability doctrine under which the joint liability fund was set up. If each line went ahead in court and proved the other guilty of negligence, the liability limitation would be scrapped, making it easier for the third parties to press damage suits in any amount. The third parties can still try to prove one or the other of the ships negligent, but it now becomes a much more difficult and costly job since the two lines have dropped their mutual countercharges...
This is the amount required to maintain the level of unrestricted funds which the School had in the years 1946-49 and will permit the School to give permanent appointments to several faculty members which are teaching with temporary status at the present time...
...number of freight cars from 2,600,000 to 2,000,000, the number of employees from 1,600,000 to 1,000,000. But by getting vastly more work out of man and machine power, railroaders have been able to boost the total amount of freight by 45% to 650 billion ton-miles in 1956. And that is only the beginning: in the next ten years, the industry expects to spend $20 billion more for modernization to cut costs and boost volume even higher...