Word: banke
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Debacle. Finance Minister Ramon Beteta had denied repeatedly that devaluation was coming. When the change came, the public was caught flatfooted. Some drew their bank savings and went on buying sprees. The foreign credit manager of one bank arrived at his office late to find careless clerks doling out precious dollars at the old rate. In the Calle Isabel la Catolica, flooded by recent rains, money changers stood shin deep in water, clinking handfuls of gold coins and arguing prices. They offered six and seven pesos for a dollar and readily went higher. Anxious travelers and others who urgently needed...
...Farmer John Sternberg of Fulton, Ill. sent a load of Aberdeen Angus heifers to Chicago, got $39.25 a hundred pounds, the highest price per hundred pounds ever paid for heifers on the open market. Ohioans told a story about a farmer who took a bucketful of money to the bank to pay off an $8,000 mortgage.The teller emptied it, said: "There's $10,000 here." Said the farmer: "I must have brought the wrong bucket...
...Amelio angrily boarded up his shop and Boston Dealer Malcolm McCabe called meat packers "a bunch of robbers," there was no effective buyers' strike against the stratospheric prices. Along with higher wages, consumers had more liquid assets than ever to spend ($130 billion in Government bonds and bank accounts alone, according to the latest Federal Reserve Board survey), and were spending them. In place of an expected midsummer lull, retailers reported that the dollar volume of sales across the U.S. last week was up 6% to 10% over last summer...
...close to New York interests, resigned after 14 years as New Haven's president. To make New England's victory over New York complete. Dumaine will move in as board chairman. He gave the job of president to Laurence F. Whittemore, 54, president of the Federal Reserve Bank of Boston, a man after Dumaine's tough Yankee heart...
...president of the Federal Reserve Bank (since 1946), he has found time to double in brass as secretary (and traveling salesman) for the New England Council. He likes to preach the greatness of New England industry, and pooh-poohs statistics (which sometimes tell a different tale). At the dingy, church-quiet Federal Reserve Bank he woke things up by providing piped-in music...