Word: cash
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...England Telephone Co. building; apartments and stores were going up. It was all part of a 42-acre, $40 million public-private redevelopment project, sparked by Lee's successful wangle of $6,600,000 in U.S. grants and loans. Cost to the city: $1,700,000 in cash-plus $3,000 spent to exterminate some 50,000 rats before demolition could begin. Said Mayor Lee: "Redevelopment is not a luxury-it is an absolute must...
HIGHEST INTEREST RATE in 19-year history will be paid by Federal National Mortgage Association, which borrows cash to buy U.S.-backed mortgages, resells them to investors. Fannie May, which raised borrowing rate to 4% last January, feels tighter money market makes 4½% the minimum it can offer in floating $100 million in debentures...
...nonresident British subject established by a two-year exile, Man-Without-a-Problem Coward (he will not have to pay the Inland Revenue taxes on income earned outside England if he stays away at least six months a year) blithely spirited himself back home, disdained to talk of crass cash: "I really do get rather bored. I find the talk about money rather vulgar. I am an artist...
...company together, was $80 million in debt and on the verge of bankruptcy. Du Pont had already put $49 million into the company's stock. By risking another $31 million of its capital, Du Pont bailed out Durant and put the company back on course, not only with cash, but also with managerial talent. Du Pont President Pierre S. du Pont, who had been actively interested in G.M. since 1915, stepped in as G.M. president in 1920, set about reorganizing the company. Du Pont was responsible for replacing Durant's old-fashioned one-man rule with...
...businessman was more global-minded than Sosthenes Behn, who created the world web of $760 million International Telephone & Telegraph Corp. Behn stretched his communications empire from Antwerp to Osaka, steered it through 34 years of war, revolution, boom and bust, and boom again. Always somehow able to snatch cash from disaster, he had a secret: a skill at diplomacy that few foreign ministers could match, a grip on his company that only a last tycoon could keep...