Word: float
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Dates: during 1950-1959
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...white clouds float...
...only his first name to distinguish himself from his elder brothers. Sculptors Mirko and Dino Basaldella. In a rigorous academic training at Venice, Afro studied the Venetians Giorgione. Titian and Tintoretto, incorporates their delight in light effects in his paintings with such mastery that the colors seem to float ambiguously before and behind the canvas surface...
...Bank was a little more helpful. He hinted broadly that "other actions are on the fire." Two days later it became apparent what some of those actions are. The Fed, which has kept heavy pressure on member banks, eased the pressure. It did not counteract an increase in the "float," i.e., uncollected checks in transit between commercial banks, for which bankers get an automatic Fed credit. This was used by mem ber banks to cut their debt to the Fed by $158 million and made possible further borrowings from the Fed, thus could give banks more cash to lend...
...mortgages it holds, then used the proceeds to pay back part of the $1.8 billion it had borrowed from the Treasury. Agriculture's Commodity Credit Corp., which has some $350 million in public loans, could also go into the open market, as it did in 1953 and 1954, float $1 billion or more in loans through "certificates of interest" on the surplus crops it holds. As a last resort, the Treasury can also draw down its $3.4 billion cash balance, i.e., uncommitted money in the till, to pay bills. Yet even with such devices, says Assistant Secretary Heffelfinger...
While Levittown, Long Island, suburbia's assembly-line Eden, celebrated its tenth birthday with fireworks, a 75-float parade, a midget football game and a performance of John Millington Synge's Riders to the Sea, William Levitt, the ringtailed realtor who started it all, celebrated in his own way. For $1,750,000 he bought Belair, the 2,226-acre Maryland estate of the late William Woodward Jr. Purpose: more diapers and down payments in a new, 5,000-castle Levittown...