Word: bank
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Dates: during 1960-1969
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...effect was a little like a run on a country bank. The Canadians fear a coin shortage of their own, and the Ottawa mint is Canada's only coin-making facility. As the mail piled up, Finance Minister Walter L. Gordon issued a hurried public statement declaring the sales of 1965 sets halted. The first day's orders alone were enough for the whole year. Mint Master Norval A. Parker turned one of the mint's cafeterias into a workroom, hired 20 extra workers to return the letters to their senders...
...playing career ends-if it ever begins. Namath has a bad knee; he reinjured it practicing for the Orange Bowl, and it will take an operation to correct it. Werblin is springing for that too. And just to make sure Joe can transport all that money to the bank, Sonny threw in a Lincoln Continental. Reporters naturally inquired about the color. "Pink?" they asked. Uh, uh. "Jet green," said Namath smartly, and went charging on down to Mobile for the Senior Bowl game. He was slightly less than sensational-passing for one TD but three interceptions as the North...
...price of gold on the London exchange soared to $35.20 an ounce, the highest since the Cuban missile crisis. As gold rose, the value of paper money decreased. The dollar declined on markets in Germany and Switzerland, and Britain's beleaguered pound fell fractionally. This week the Bank of France was expected to move to ease tension on the gold markets-but that would not alter the long-term French determination to put pressure...
...stock market after the 1962 break, but savings have picked up speed since last year's income-tax cut. In the first nine months of 1964, Americans saved 7.3% of their disposable income v. 6.7% in the same period a year earlier. U.S. families, calculates the Home Loan Bank Board, have now accumulated an average $7,800 in savings, $2,000 more than in 1960 and nearly double the 1950 level. Barring an outbreak of inflation, most money analysts expect the trend to continue...
...government's responsibility to decide with whom an American firm may do business, he said, and added "I'd like to think that the Chase Manhattan Bank is important enough to make or break a country...