Word: buying
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Dates: during 1950-1959
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Canada's army, like the R.C.A.F., is in the midst of a historic conversion. Always British-oriented, it is now turning toward the U.S. for a new array of weapons. To start, Canada will buy the U.S. Lacrosse, a highly mobile artillery rocket with pinpoint accuracy, send the first units to Canadian NATO forces in Germany. The army also likes the U.S. Hawk ground-to-air missile for defense against low-flying planes, wants other U.S. missiles for antitank weapons. Eventually, Canada hopes to get nuclear warheads, both for the Lacrosse missile and for the Bomarc interceptor recently adopted...
...Treasury last week was "gratified" at the public rush to buy the $3.5 billion worth of short-term securities (TIME, Oct. 6) it floated to raise cash. Largely because of their generous yields, the issues were oversubscribed by more than 100%, and the Treasury was forced to allot securities to buyers...
...protect Bolivia and other friendly nations, the U.S. buys no tin from Russia; last week Canada decided to buy its tin only from members of the International Tin Council. Since there is no guarantee that Iron Curtain countries will abide by any metals agreements, Western nations can make stabilization programs work only by standing together in restricting purchases from Russia...
...higher than last year's. So did firm orders. "Only one thing has kept us from selling a whole lot more right now," said Sales Manager Clarence J. Lauer of Emerson and Orme Buick, Washington, D.C. "People want to take a look at the other models before they buy...
...Gladys C. Foss of St. Louis, also a widow, charged that she went into the Arthur Murray studio there, intending to take only a few lessons, paid $5 down and soon was persuaded to pay $17,040 for lifetime memberships. But she balked at selling her house to buy more lessons, instead sued for $100,000, charging fraud...