Word: bond
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Dates: during 1950-1959
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THRIFTY AMERICANS are putting more into long-term savings than ever before. Institute of Life Insurance says that savings accounts, insurance policies and U.S. savings-bond holdings of average American household hit $5,100 at midyear v. $5,000 in 1956 and $4,000 in 1950. In 1957's first half, U.S. total swelled by nearly $9 billion to total of $253 billion...
...contributors under increased pressure in emotion-torn Little Rock, refused. Last week the city council ordered the arrest of N.A.A.C.P. Leaders Joseph C. Crenchaw and Daisy Bates. Crenchaw, 74, a Baptist preacher who is president of the local N.A.A.C.P. chapter, gave himself up, was booked and released on $300 bond. Daisy Bates, president of the N.A.A.C.P.'s Arkansas branch, and front-line leader during the crisis at Little Rock's Central High School, was visiting in New York. Asked if she would return to Little Rock-and arrest-Daisy Bates seemed surprised. "That's my home...
...five years that he has been at the University of Nevada, Minard Stout, 49, has in one way chalked up a record that any university president might envy. He trebled state support coming from bond issues and appropriations, upped private gifts ten times. He raised faculty salaries 68%, set up colleges of education and business administration, a graduate school, a school of nursing, and a junior college in Las Vegas. But ever since he got Biologist Frank Richardson fired for accusing him of lowering academic standards (TIME, June 15, 1953), he has been the center of the bitterest storm ever...
Here, formidably arrayed, is an art characterized, as Director Perry Rathbone has said, by its "strongly individualistic flavor." Yet, for most of these masters, their deepest bond lies in a conviction that, as Rouault put it, "anyone can revolt," and in a search for unequivocal vision whatever the individualistic idiom or temperament might be--the very quest for universality which led Picasso to stoutly affirm, "There is no abstract...
Actually, most signs last week indicated that the creep, far from increasing to a gallop, was slowing to a stop. Sales of fixed-income bond issues are booming. The commodity market, classic escape for capital in inflationary periods, is in the doldrums. Washington officials see a chance that the September consumer price index figures will show no rise over August because of the seasonal drop in used-car and food prices. Eventually they expect that inflation will begin to creep again. To keep it from accelerating to a gallop, both sides agree on the need for wise use of credit...