Word: interestingly
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Dates: during 1950-1959
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...only the trenchcoat model, but a variety of raincoats of Egyptian imported (via Britain) cotton are available to the well-dressed man this year. (Macintosh is the brand name to remember). This is of particular interest to the warm-blooded college man who tends to wear his raincoat for a year-round coat...
According to Jack Barnaby, coach of both the tennis and squash teams, those members of his squads who are financially able will pay their own way. Others may apply for aid from the interest on the $20,000 Palmer Dixon grant, a gift apportioned equally between the two teams for expenses not underwritten by the H.A.A. The teams may, however, have difficulty in attending the squash nationals held in late February and the Prentice Cup Tournament held in England during the summer months...
...Machines Corp., for example, had gross returns after taxes of $35.10 per share last year, paid out only $3.80 per share as cash dividends; of the remaining $31.30 per share, $20 was charged off as depreciation, $9.30 was retained as cash, and another $2 per share went to pay interest on IBM's debt. In years past, U.S. manufacturing corporations were able to finance most of their expansion by retained earnings, had a relatively small debt to worry about. But today so many companies are expanding that even though industry retained earnings of $6.8 billion last year...
...Strain. Hoping to steal a march on the rest of the U.S. airline industry, Capital flew bravely into the jet-age dawn by buying 60 British Viscount turboprops three years ago, agreed to pay $67.5 million within five years of delivery plus interest to London bankers who financed the deal. As of 1956, Capital managed to pay $12.4 million of the debt, and badly strained itself in the process. Though revenues soared from $48 million in 1954 to $63.7 million last year, costs went up so fast that net income tumbled from $1.7 million in 1954 to a net deficit...
...abolished on machinery and other goods for new companies. Small business was encouraged by a government finance agency providing loans up to $80,000, big business by another state agency with $32 million capital and total lending authority of $160 million at low 4% (average Italian money rate: 12%) interest terms. The government also set up an apprentice school to turn out 70,000 trained industrial workers annually...