Word: bank
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Dates: during 1950-1959
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...first person to pledge in this year's Phillips Brooks House drive for Red Cross blood bank donations was President Pusey, according to Elliot Gershon '61, co-chairman of the campaign...
Britain's radio telescope at Jodrell Bank followed Lunik III while it was flirting with the moon, but one of Lunik's tracking transmitters (39 mc) had apparently gone dead, and the other one (183 mc) was working erratically. The signal stopped entirely for about four minutes. This break might have indicated the moment when Lunik III briefly dipped behind the edge of the moon, but the Jodrell Bank scientists could not be sure whether it passed ahead, behind or under the moon. Since the far side of the moon was mostly in sunlight, Lunik may have photographed...
...gross national product will benefit in the third quarter by increases of $1 billion in state and local expenditures, $1 billion in new plant and equipment, $3 billion in consumer spending. "Despite the crippling of one of the nation's chief industries," said the First National City Bank of New York in its monthly business letter, "the economy has been strong and vigorous...
...raise only $2 billion on its new 5% note, aimed to attract the little investor. But the demand was so great that $11 billion in orders poured in last week. "There was such a crowd on the floor," said the vice president of a New York mutual savings bank, "that for a moment I thought there was a run on the bank." All over the U.S., investors pulled their money out of their institutionalized socks to buy the four-year, ten-month issue, which finance officials have gleefully dubbed the "magic fives."* The New York Federal Reserve Bank reported that...
...ease of getting nice things on the cuff first became plain to him when he got a limited credit card issued by the Chase Manhattan Bank. It permitted him to charge up to $300 in New York stores, pay it back at the rate of $25 a month. Last August he overdrew by $73, and the bank put a stop on further debt. Meanwhile, with his Chase card as a recommendation, Miraglia applied to the Diners' Club, American Express and Conrad Hilton's Carte Blanche for good-anywhere credit cards. Diners' and American Express turned him down...