Word: banke
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Dates: during 1940-1949
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Along the sunny slopes of the world's second highest mountain range,*lucky latinos with time & money were hard at work at winter sports. Chilean students and bank clerks by the hundreds dashed off in buses and open trucks for Sundays at Farellones, a village of ski-club huts within sight of Santiago. Argentines rode the ski tow to the top of Vermont-like foothills around the lake town of Bariloche. Luckiest of all were those who bucked the drifts to Portillo, 9,300 feet high and right in the ribs of the Andes...
...Manhattan's East 64th Street. (Their twin beds have "Sophie" and "Adam" cosily embroidered on the pillowslips.) Sophie's hobbies are collecting china dogs and raising tulips and rhododendrons in the small garden in the rear. They also lease a small, seven-room country house near Red Bank...
...Harold Ross, is not a goal or an ideal, but something that belongs to him, like his watch or his hat." In 22 years, this has enormously complicated the once casual synthesis of the magazine: "Ross is no longer content with a profile; he requests also a family history, bank reference, social security number, urinalysis, catalogue of household possessions, names of all living relatives, business connections, political affiliations, as well as a profile...
Despite a low moan now & then about a possible depression, U.S. business is feeling no pain. One of the best long-range indicators of what businessmen expect is their spending for new plants and equipment. In its current monthly bulletin, the Federal Reserve Bank of Philadelphia states that such expenditures are now running at a record annual rate of $16 billion, more than three times the annual average for the two decades preceding...
...first to discover the marvelous possibilities for profit in the Treasury's long-standing policy of pricing new issues so favorably that they would soon bring a premium in the market. Since all banks were eager to get more than their allotments of bank-eligible securities, an individual like Hosford could borrow the money to buy as much as $1 million worth on no more collateral than $10,000, sell the bonds at a handsome profit as soon as they rose. For example, if a $100 par bond rose to $100⅜, the $10,000 could bring a profit...