Word: exchangees
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Dates: during 1950-1959
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As business booms for Sanson and his brother builders, conservative economists gloom over the facts and figures of what seems to promise serious economic trouble. The cost of living has vaulted 365% since 1948, 27% in the past two years. More than 120 billion cruzeiros, each worth four-fifths of...
The presidents of both the New York Exchange and the American Stock Exchange denied that stocks were booming on borrowed money. Said the New York Stock Exchange's G. Keith Funston: "There is no evidence of excessive use of credit in the market."
When money rates are rising, even well-priced bond issues often meet a cool reception because buyers are waiting for still higher rates. Last week the U.S. found buyers scarce for its latest issue. To holders of $1.8 billion in maturing issues, the Treasury offered to exchange a short-term...
Tubman has eagerly thrown his country open to foreign investment, which he much prefers to gifts or loans ("That old Scriptural saying that a borrower is servant unto the lender holds true in every instance"). With a generous tax policy and no currency restrictions-the U.S. dollar is the medium...
I feel sure that the members of our group would all be quite happy to echo Mr. Valiuzhenich in our hopes for future exchanges. However, until such time as the Iron Curtain has withered away and good intentions are more reliable than at present, the best that we can hope...