Word: bond
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Dates: during 1960-1969
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...getting off the ground. The new owners have paid off debts of $38 million, provided operating capital and set up a leasing company that will eventually enable Northeast to obtain a fleet of 727s and DC-9s-28 in all-to give it competitive frequency. Using a $22 million bond issue raised in its own name, Northeast is also acquiring seven Fairchild 227s to replace the creaky DC-3s on short flights. Most important of all, Storer lured away American Airlines' Operations Vice President Forwood C. (and inevitably...
...quietly efficient men who were repelled by heroics, and obviously wanted nothing more than peace and quiet after their hazardous call to duty ended. In this book, however, MacLean has smashed the mold. Secret Agent Philip Calvert, his new hero, must have got his basic training by watching James Bond movies. Calvert is simply too incredibly dumb to be taken seriously. Assigned to track down pirates in the Irish Sea, Calvert stumbles on the gang right away. But instead of sensibly going for help, he hangs around long enough to be shot down in a helicopter, and endures so many...
...Bonds. Johnson disclosed Treasury plans to sell a new savings certificate to individuals. Treasury Secretary Henry Fowler said that the new certificate will offer a "much higher rate of interest" than the 4.15% paid on present savings bonds. But buyers may have to hold the certificates for 18 to 24 months, as against the minimum 60 days required on Series E savings bonds. Final details on what Fowler called the Treasury's "more attractive product line" will be announced in November, and the notes will be issued next year. It is expected that the certificates will augment, not substitute...
...months after a resounding election victory, President Ferdinand E. Marcos of the Philippines flew to Washington for a state visit that meant far more to him, and his hosts, than the usual red-carpeted round of pleasantries. For Marcos, it represented a threefold opportunity - to renew a long-standing bond of friendship with the U.S., to make a case for increased U.S. aid to bail out his stagnating econ omy, and to impress on Americans some home truths about the realities of power in Asia. With willing assistance from Washington, Marcos made the most of his opportunity...
...engineering wonder that cuts the old 1½-hour ferry ride to 25 minutes of scenic driving. But traffic is only a little over half of what the experts predicted. As a result, revenue is not enough to provide the interest on the $200 million in bonds issued by the bridge-tunnel. Interest charges are $10,812,500 a year, and operating costs are another $1,400,000. But total revenue last year was only $8,387,994, forcing the bridge-tunnel authority to dig into its reserves. Moody's Bond Survey, which has just given the bridge-tunnel...