Word: cashing
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Dates: during 1940-1949
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Asking for Credit. Everywhere, installment buying was on the increase, a sure sign that cash reserves had been thinned down considerably. At the same time, credit (at banks and loan companies) was harder to get. Graham Towers, head of the government's Industrial Development Bank, sounded the keynote: "We must scrutinize applications for credit with ever-increasing care...
When the Playwrights first teamed up, they pooled cash ($10,000 apiece) and experience so that each could get, in Anderson's words, "a better chance to say his independent say than we had as lone travelers in the pretty desperate profit jungle [around] Times Square." Of the cynics who gave the project six months, Rice demanded: "What the hell does a producer do that...
...From China, from an anonymous Chinese Christian businessman, came a gift of $1,000,000 to the Presbyterian Board of Foreign Missions. This, the largest cash donation ever received by the board from a living donor, was to be used to build a settlement for retired Presbyterian missionaries. The gift, said its modest donor, was "in gratitude to God for my Christian education and life, and in appreciation of the service your missionaries have given China...
...whole reason. American Overseas, with retroactive mail pay, would show a 1948 profit of about $1,750,000. But American Overseas needed $15 million to pay for its eight new Boeing Stratocruisers; American Airlines, which lost $3,900,000 in nine months this year, might have trouble raising cash for the planes in addition to financing its own domestic operations. Under the deal, American Airlines would probably get about $7,780,000 worth of Pan Am stock (at the present market value of American Overseas stock...
Dartmouth's slim, baby-faced basketball captain, Ed Leede, tossed in baskets faster than a five-and-ten-cent store salesman ringing up a cash register last night at the Garden to guide his undefeated team to a 72-68 overtime win over the varsity. The Big Green led at halftime...