Word: cashes
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Dates: during 1950-1959
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Last week Strauss tried to cool British resentment with an offer to advance Britain $280 million against future German armament buying. Britain could use the cash to bolster foreign currency reserves, but such a "loan" was hardly a substitute for the funds it needs to help support its 60,000-man Rhine army...
...least as well as vice versa, and his only vocal complaint is that a lot of people, including sportswriters, call him Willie, a name he detests; he prefers Bill, and the girls all call him Bill. His followers have a complaint as well. Too many people stake their cash on his talent, so the odds on a Hartack-ridden horse almost always take a dive before the field gets into the starting gate. This even Hartack deplores. "Every time I ride a horse that's a legitimate 4-toi shot," says he without unseemly modesty, "he comes...
...output. He wants a big increase in the number of big nuclear power plants, wants utilities to put the same amount of money in each plant as they would in big conventional plants. But until nuclear power becomes competitive with present power, he wants the Federal Government to make cash contributions to pay most of the difference between nuclear-and conventional-power construction costs. Says Gale: "The only way our country can achieve competitive nuclear power is through the building of a series of full-scale plants like Dresden. Our program must be accelerated...
Copper executives are watching eagerly for the first volume buying that would spell the turn. Current earnings are running below dividends, but the cash-rich copper producers would have no trouble paying them if they thought the turn was at hand. Says Charlie Cox: "We're watching the economy. The pipeline is about dried out. It won't take much to turn prices when the economy perks...
This week it closed the third major deal of its move into U.S. oil with the purchase of the oil holdings of Floyd Odium's Atlas Corp., for about $20 million, in a cash and stock swap. This deal runs its oil reserves up to 40 million bbl., gas to 275 billion cu. ft., crude production to 10,000 bbl. a day, and refinery capacity...