Word: bank
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...cost of capital goods is climbing. Take airplanes: from $1,000,000 for a propeller DC-6 to $7,000,000 for a 707 jet to about $40 million for an SST. Modern superhighways cost more than $2,000,000 a mile. Chase Manhattan Bank Chairman George Champion notes that in U.S. factories, capital investment per production worker has risen from $550 a century ago to almost $20,000 today; in the petroleum-refining industry, the figure is more than $250,000. The capital investment in a medium-sized U.S. farm is about $80,000-double what...
...progress is being made. One day last week, a Japanese industrial borrower phoned the Paris office of an investment bank, whose officials in turn called a German and a Belgian bank to raise money for him, while a London bank acted as financial agent on the loan-which was quoted half in dollars and half in Deutsche marks. More deals like that would go far to unclog the capital channels...
...organ bank from which surgeons could draw a kidney, a liver or a heart for transplantation when needed is still far off in the future, but an information bank from which surgeons may find out about organs as they become available is in the process of being established. Sponsor of the bank-or, more precisely, clearinghouse-is the Medic Alert Foundation. Started on a shoestring twelve years ago in Turlock, Calif., by Dr. Marion Collins, the organization has by now issued something like 200,000 identification bracelets and necklace tags to victims of diabetes, hemophilia, penicillin allergy and other conditions...
...Stockholm last weekend moved the international monetary system another uneasy step away from disaster. Nine of the top ten financial powers of the non-Communist world reached agreement on the form of a new kind of international money - paper gold - to supplement dollars, pounds and real gold in bank rolling world trade and investment. France refused to go along...
...cushy embrace is Inventor Felix Charlock, who sees himself as a "thinking weed," a pun on Pascal's definition of man as a "thinking reed." The Firm wants Charlock for his new recording device, which leads to the development of the ultimate computer, Abel. This electronic memory bank is capable of deducing an individual's past and future...