Word: depositing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...NEXT BIG BONANZA for the Gulf Coast will be offshore sulphur. After spending $2,000,000 on exploration and evaluation, Humble Oil Company has brought in the first big sulphur deposit under the Gulf of Mexico, six miles off the Louisiana coast, estimates that the deposit holds between 30 million and 40 million tons of sulphur, may be the world's third or fourth biggest find...
...build up interest, pressagents let word leak that potential customers would be checked for social standing. As a result, many buyers sent in pedigrees, along with deposit checks on a new car. The president of a big insurance company sent a three-page biography, listed his clubs and well-placed friends. All told, 2,100 orders have come in.* Production will be limited to about 4,000 cars yearly, less than expected demand...
...Clark Beise hailed as "the greatest advance in bookkeeping in the history of banking." Beise's ERMA (Electronic Recording Machine-Automatic), tended by nine operators, can handle all the bookkeeping for 50,000 checking accounts, takes the place of 50 workers. Operators merely feed in checks and deposit slips, punch dollar amounts on ERMA's keyboard. The checks and slips have customers' account numbers coded on them in magnetized ink; by reading these, ERMA keeps track of withdrawals and deposits, figures out and prints monthly statements at 600 lines a minute, absorbs stop-payment orders, watches...
...with temperature and humidity control. In 1945, in response to a hint that Metcalf had dropped at a dinner some years before, Manhattan Financier Thomas W. Lamont (1892) gave Harvard $1,500,000 for a new open-stack undergraduate library. Meanwhile, Metcalf helped to set up the New England Deposit Library, in which colleges and universities in the Greater Boston area store their little-used books, and the Farmington Plan by which colleges and universities buy foreign publications in common, thus covering the foreign field thoroughly while avoiding wasteful duplications...
Mayor Tibbits hopes to deposit his discoveries in the proper place. Taking "some of my most obvious gems with me," he is leaving England this week for a civic visit to Warwick, R.I., intends to stop off at Yale. "It would be a great pleasure," says he, "if the authorities of Yale should ask me to undertake further research on the history of their founder." If not, there is always Harvard...