Word: buying
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Dates: during 1960-1969
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They know where to look: anybody can buy U.S. Coast and Geodetic Survey maps that pinpoint the site and depth of hundreds of known wrecks. All that the charts do not tell the treasure hunter is whether the ship that went down was hauling pig iron or a golden argosy...
...putting up their shares in the bank as collateral for low-interest loans from bigger banks. Less affluent organizers sell stock to the public. Often investors are let in only after they pledge to deposit $500 or $1,000 in the bank for every $100 worth of stock they buy...
...Buying at Home. The newest spur to transit building comes from the Administration, which has asked Congress for a $225 million appropriation to get the 1964 Mass Transit Act rolling. The law is expected to stimulate $600 million worth of transit-car purchases over a decade, also mean an additional $400 million in sales for such busbuilders as General Motors and the Flxible Co. of Dayton. Whatever the total, U.S. equipment makers will get all of it. Congress tacked a little-noticed "Buy American" proviso into...
Americans not only buy more cars than anyone, but spend far more time and money keeping them clean. This year they will spend $257 million to have their autos washed professionally, and countless millions of hours washing cars in their own driveways. While some 5,000 car-wash outfits are putting U.S. autos through 175 million washes this year, the car-wash industry is growing at the rate of 15 million wash jobs a year. Still, fewer than 20% of the nation's 84 million cars are cleaned regularly by car washes, and the industry wants nothing more than...
...earn money to buy food, many of Asia's non-Communist governments hope to raise export income by pushing industrialization. But, warned the U.N. report, "industrialization is not the panacea, nor is it a simple and easy process." Though the area's manufacturing has been growing at a brisk 8% annually in recent years, its share of world industrial output is still only 7% , most of which is consumed within the area itself. The products of Asia's small factories are still too costly for most foreign buyers, and widespread inflation aggravates the problem, notably in Indonesia...