Word: bond
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Mild Dose. Things looked so good that the Treasury Department decided to try something it has not dared touch since 1953. Secretary George Humphrey announced that holders of $2.6 billion worth of 2⅞ bonds maturing next month will have the choice of exchanging them for short-term notes or a new 4O-year, 3% bond, the longest-term U.S. obligation since a 1911 issue to help finance the Panama Canal. Unlike the famed 3¼% 30-year issue of 1953, which was attacked as too drastic a credit tightener and soon fell below par, the new 40-year bond...
...This is a giveaway wealth campaign," said some of the letters. "Give away two $25 U.S. savings bonds and get $38,400 back. Worth $51,200 in ten years." The get-rich-quick scheme, starting in the South last fall, spread into New York and New England last week. Each participant buys two bonds (total outlay: $37.50), gives one to his sponsor and pops the receipt for the other in the mail to the person on the top of an eleven-name list. He then knocks the top name off, and adds his to the bottom. Then he lines...
Dubious Treasury officials last week issued a warning against the plan. But such lucky bond buyers as Used-Car Dealer Cliff Pettit of Knoxville, Tenn., who with his wife and son has already received 252 bonds in the mail, were happily counting up their riches...
...young girl, who falls in love with the shade she raised; the mother, scatterbrained and scatterhearted, who is shackled to the remembered lover; and the young man's cousin, a great ruin of a woman, who suddenly presents a claim of her own to the dead love. The bond between the two older women, one strangely dominating the other's life, might once have grown into a whole Gothic novel, but no Goth is Author Bowen: her plot twists are in the mind, her castles are moated by irony rather than romance. It is the kind of story...
Furry and Kamin were released on $1,000 bail without surety. Neither bond put any restriction on travel...