Word: crediters
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Badge of Status. Despite the new competition, most card-company executives predict an almost limitless market for credit carding. Bank of America Vice President Kenneth V. Larkin says that only one in every seven families in California now has a credit card, estimates that one out of three-possibly even two out of three-is in a good enough economic position for card ownership. Thomas W. Gormly, senior vice president of the Pittsburgh National Bank, predicts a new era of credit-card merchandising, believes that the U.S. is already a "long step toward a cashless and checkless society." Dags...
...bank, which bought up half of Hilton's Carte Blanche in September. This week, after a two-month advertising barrage, Pittsburgh's two largest banks-the Mellon National and the Pittsburgh National-will expand their longtime competition to a new dimension by bringing out their own credit cards...
Also for Veterinarians. Some 70 U.S. banks now have their own credit cards. The lure: big profits. American Express credit-card sales rose 40% last year to $340 million; Diners' Club rose 28% to $210 million. This rapid growth has, in fact, attracted far more than the banks. Dozens of new credit-card plans, ranging from neighborhood to countrywide, are popping up across the U.S. California's Transamerica Credit Corp. issues cards for individual shopping centers that enable the shopper to gas up her car, buy in a wide variety of shops, eat lunch and have her hair...
Annoyed at the service charges and deferred payment of national card plans, restaurants in some cities have banded together to form their own credit plans; in Seattle, 15 restaurants have thus managed to reduce costs and arrange for immediate payments from cooperating banks, have even got 94 other merchants to join them. The major transatlantic steamship lines are thinking of issuing a card, something like the air-travel card, that would cover passage and shipboard purchases. Oil companies, which have offered oil and gas on credit for years, are now offering a whole new line of credit possibilities. Mobil cards...
Pinch Hitter. Much of the credit for the common stand against De Gaulle's pressures belonged to a diplomatic pinch hitter, soft-spoken Italian Treasury Minister Emilio Colombo, who presided over the Brussels meeting in place of ailing Amintore Fanfani, Italy's Foreign Minister. After quietly sounding out each delegate, Colombo dramatically produced a proposal while the ministers, fortified with postprandial coffee and cigars, talked late into the night in a secluded forest home outside the Belgian capital. Thanks to their agreement, said EEC Commission President Walter Hallstein, "the Community is alive." The sole French reaction in public...