Word: bank
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Dates: during 1960-1969
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Harvard Student Agencies has begun a campaign to raise $150,000 primarily for the creation of a corporation bank to back new student businesses...
...winter morning in 1959, the body of Airline Clerk Mary Meslener, 23, was found on a canal bank three miles from Miami International Airport. She had been shot once in the head. More than two months after the murder, Airman Joseph Shea, 20, waved a bloody shirt at his sergeant in West Palm Beach and vaguely insisted that he had done "something bad." Because Shea had been trying to fake a medical discharge, the sergeant was skeptical; because the Meslener murder was still unsolved, though, Shea became a potential suspect...
...seven-day-a-week church, St. Stephen's sponsors a preschool nursery, an emergency food bank and clothing center, a men's club that works for better relations with the police, an after-school tutoring program, a young adults' coffeehouse. Another idea is a club where periodic dialogues take place between "the losers"-neighborhood down-and-outers-and "the thrivers," a group of more affluent parishioners...
Even more pronounced is the shortage of money. Largely because bankers cannot keep pace with industry's demands for capital-expansion financing (see following story), interest rates continued to advance last week. Manhattan's First National City Bank raised from 4½% to 5% the interest paid on certificates of deposit-that is, deposits of $2,500 or more pledged for at least nine months-and other large banks quickly followed suit. Sales finance companies also increased their interest charges to 5%. The Veterans Administration hiked its interest on G.I. mortgages from...
...increased its outposts from none in 1951 to 17 today, and Bache & Co. now has 16 offices in Mexico City, Tokyo, Beirut, Hong Kong, and a dozen European cities. Also spreading overseas are Dean Witter; Fahnestock; Harris, Upham; Smith, Barney, and scores of other brokers. In addition, U.S. bank branches do a brisk business in the stocks of American companies or their foreign subsidiaries...