Word: annually
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Warning from Treasury. Economist Norman Strunk, executive vice president of the United States Savings and Loan League, faulted the big banks for expanding their lending during May at an annual rate of 17%. "No wonder they ran out of money and had to raise their rate," he said. "While bank presidents have been publicly wringing their hands," added Strunk, "lending officers have been pouring gas on the inflation bonfire...
Anaconda, however, refused to sell a share of its Chuquicamata and El Salvador mines. The government settled for one-fourth of the company's new Exotica mine, which next year is expected to add 112,500 tons to Anaconda's annual 407,000-ton production, and 49% of an exploration company. Unlike Kennecott, Anaconda depends on Chile for most (61%) of its production and half of its earnings. The company reports that its profits from Chile totaled $99 million last year, about a 17% return on its investment; the Chilean government, using different base figures, calculates that Anaconda...
...university students belong are among the country's biggest business enterprises. Using membership dues and bank loans, the students have bought a driving school, bookstores, a book publishing company, majority interest in a fertilizer plant, and a 25% share in Amer-Tupakka, a cigarette manufacturer that has annual sales of $11 million. The bulk of the unions' annual income of $7,500,000 comes from their real estate, worth at least $25 million. It consists mainly of dormitories, which the students built themselves and which they turn into tourist hotels during summer vacations...
...Others will follow on Manhattan's Fifth Avenue, in New York City's shinier suburbs and in Palm Beach, Grosse Pointe, Atlanta and other places where $1,000 cloth coats and $500 dresses move fast. Magnin's planners expect to increase the current $100 million annual sales and to generate enough business to sustain Magnin's custom clothing operation-a costly field from which Saks Fifth Avenue and Bergdorf Goodman have recently been forced to retire. Magnin's expansionary plans have the backing of its powerful parent, Federated Department Stores, Inc. whose 97 stores include...
...subsidiary. He helped swing his firm's bitterly divided board in favor of Federated's takeover bid in 1964, and last year the parent company chose Keeshan to head the entire Bullock's-Magnin chain, a 31-link organization that has $280 million in annual sales...