Word: cash
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Dates: during 1960-1969
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...their reserves in gold, only 10% in dollars and other currencies. On the other hand, the U.S. has persuaded West Germany to hold only 55% in gold and Japan only 15% -leading French officials to sniff that "dollars are for defeated countries." Last week's decision to cash in that extra $300 million-which may only be a starter-will raise the total of U.S. gold flow to France this year to at least $700 million...
...more cash lying around than at any time in years. Consumers not only are spending more, but saving more. Corporations are pulling in record earnings, and keeping much of it in their coffers. Even the Government, while setting spending records, has more money than usual in the till...
...Harvard Laundermat on Mt. Auburn St. was broken into last Friday morning and a cash register, with over $150 inside, was stolen from the premises...
...William Goldberg and his wife, who operate the Laundermat, said that the door on the Bow St. entrance had been removed shortly after 2 a.m. on Friday. The thief took only the cash register, leaving Mrs. Goldberg's wristwatch which lay conspicuously on the counter next to the register...
...companies fit each other's needs. For Boeing, which paid $2,000,000 in cash and $1,000,000 in long-term credits, the deal pries open a position in the growing European aerospace market -now dominated by the French-at a time when the company faces a shrinking backlog of U.S. defense work. For Bölkow, rich in brains but shy of capital, it not only provides cash but leads to easier financing in a field that devours development funds in multimillion-dollar gulps...