Word: cash
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Dates: during 1960-1969
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...past, U.S. policy has been to help Bolivia by doling out dollars to make up deficits. The cash gift ranges up to $9,000,000 a year, and Bolivians have become so used to the dole that they frankly budget it as 20%-30% of anticipated revenue. Kennedy's fact finders do not recommend cutting off aid to Bolivia, but conclude, in effect, that the U.S. has been acting too much like an indulgent uncle, should dole out less cash and grant more development loans. Says an Administration source: "The report doesn't say that we should dump...
...hustling to cash in on the publicity. The company's rockers, made of oak with a specially curved back to increase comfort, had usually been made in a natural light finish, sold for $24.95. In order to make them look more like Kennedy's chair, which he has had stained. P. & P. has added a chair with a dark, or antique, finish, sells it for $34.95. President William C. Page, 71, is stepping up production of P. & P.'s Kennedy-type rockers (it also makes chairs and stools) from 200 to 1,500 a month, raising...
INTEREST RATES on Series E savings bonds will be increased to 3.75% from 3.47% on 11-to 20-year-old bonds. Treasury also extended the time they could be held by ten years to induce the 10,000,000 bondholders not to cash them...
...said Richard Russell, the Street's chief Dow theorist. "and there's been only one bull market in history that lasted only six months, and that in 1938." Odd-lot figures showed that the small investor was still selling on balance (see below). Free credit balances-the cash customers have on hand at their brokers-reached a record high, indicating that many investors are holding back from getting into the market. Most bro kers welcomed the public's hanging back as a healthy sign, since many believe that the public buys at the market...
DIVIDENDS SET RECORD for any February: U.S. corporations paid out a total of $468,100,000 cash to stockholders, 2% above February 1959. Industries increasing dividends were food, chemicals, nonferrous metals, oil refining. Paying lower dividends were textiles, iron and steel, transportation equipment, and automobiles...