Word: cash
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Dates: during 1950-1959
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...nonmilitary spending have made the request all but inevitable. Said a White House aide last week: "We're right at the brink-you'll pardon the expression-of going over the debt limit. We're within a very small margin now, and have a very small cash balance." Treasury Secretary Anderson has assured congressional finance committeemen that he can hold out until Congress reconvenes next month. Capitol Hill, in turn, believes that, after appropriate howls of anguish, Congress will approve the increase rather than cut domestic programs in an election year...
...babbling lyrics and thudding beat of rock 'n' roll and kindred styles. But the LP provides time for the leisurely display of stylists and songs, has pushed the outer age limit of pop record buyers into the 405, and now accounts for two-thirds of cash pop sales...
PENN-TEXAS CORP. will slice its sales volume almost 50% by shucking subsidiaries to raise cash for its bills. Penn-Texas sold Hallicrafters Co. (which brought in $30 million yearly in sales) and Industrial Brownhoist Corp. (sales: $14 million). Now Penn-Texas' President Leopold Silberstein is dickering to sell its 51% interest in Tex-Penn Oil & Gas Corp., Liberty Aircraft Products Co. and Quick-Way Truck Shovel...
Innocenti began mastering the intricacies of such quick-opening plays in 1935, when, still a plumber, he invented and patented a gadget for bolting vertical and horizontal sections of pipe together to form scaffolding. He made his first joints himself, soon had enough cash and orders to persuade bankers to back a factory. His factory turned out miles of pipe and thousands of joints for scaffolds, pontoon bridges, temporary grandstands. In World War II he switched from pipe to artillery shell production. At war's end he decided to turn his pipe into the framework of a motor scooter...
...eight-hour day, owns a pretty little ranch house near the base, and sleeps there every night with a mighty attractive wife (Marsha Hunt). He has an automobile, a TV set, beer in the icebox, a pension in prospect, a month's vacation every year, and enough cash in his pocket to finance it. Thanks to his Air Force training, he knows he can walk into a big-pay position in the aircraft industry any time he decides to quit the service. On top of that, the sergeant, who is a line chief, has the satisfaction of doing...