Word: bank
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Dates: during 1950-1959
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...money companies still have after taxes, dividends, etc., were up to $9.8 billion, the highest level since the first quarter of boom year 1957. The high profit level, plus the assurance of a fine first-quarter report for 1959, gives U.S. industry plenty of money in the bank to keep the recovery rolling. Many a corporation will be able to dust off the expansion plans shelved during the recession, and once the spending starts, the floodgates are liable to open for another big round of new plant and equipment investment...
Pompeo said he was "not aware" of the Cambridge Trust Company's application for a branch bank on the property if it were opened for private development...
Richard Robinson publishes Chapter Five of his novel, a segment of which was widely appreciated by Advocate readers several months ago. This excerpt, titled "Afternoon in Formia," concerns a ruse devised by two rakes giro and Lorenzo, to acquire bank funds that do not belong to them, and also, a devilish trick that Giro plays on Lorenzo, in which the latter, in an effort to demonstrate that a person consumed by pity blinds himself to reality, receives, for his services, not the roses that he anticipates, but rather, an unfortunate pelting of old artichokes and rotting lettuce heads...
...George G. Dingman Jr., 34, whose father publishes the reputable Times-Journal (circ. 10,720) of St. Thomas, Ont., and a sometime salesman named Joseph Dyson-worked out of London, Ont. To milk the contests, they set up a nonexistent newspaper, rented a post-office box for a nonexistent bank. Then they solicited two of the several U.S. syndicates that peddle prize contests to newspapers and that insist on sending solutions, as a precaution, to banks (or some other unimpeachable agency). In due time the phony newspaper began receiving the puzzles-and the phony bank began getting the solutions...
...contacts in U.S. cities-Chicago, Detroit, Portland (Ore.), Philadelphia, Harrisburg (Pa.), Minneapolis-fed them the winning answers. Many of the participants were on the fringes of the entertainment business; Dingman was the only one with a newspaper connection. Often, time zones worked for the swindle; e.g., the phony London bank got its answers at least two hours before U.S. newspapers on the West Coast...