Word: cashes
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Dates: during 1940-1949
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Secretary Brannan proposed to let the price of food fall where it would on a free market, while guaranteeing farmers a whopping big cash income, no matter how cheaply their crops sold in the marketplace. To hear him tell it he had "a method which not only protects the farmer but gives consumers a real break...
...court had found in favor of Britain, but postponed the assessment of damages. "If we get any cash," said a British official, "I shall be pleasantly surprised...
...fact was that a margin cut alone was not enough to send the market up; a margin cut from 100% to 75% had had little effect in February 1947. High taxes still kept many investors short of cash and those with cash were holding off until they were surer about the extent of the current business recession...
...Colombian politicos did not seem disturbed by the virtual shutdown on wildcatting. Their country was bigger than Venezuela, they reasoned, with coffee, gold and other cash products besides oil. Many even argued that an oil boom would hinder the country's all-round development, and pointed to oil-rich Venezuela's deficient agriculture and industry for proof. "What will Venezuela have to show for lying supine before the drillers?" snapped a young Colombian oil-ministry bureaucrat. "Holes, that...
...stock markets, which have been in the doldrums for months, this week got some long-awaited good news. The Federal Reserve Board cut the cash required for stock purchases from 75% to 50% of the stock price, the first margin reduction in over two years. FRB said it was relaxing margins "in the light of the general credit situation"; credit on stocks was near an alltime low. In effect, FRB was saying in another way that the danger of inflation was about gone...