Word: interestingly
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Dates: during 1950-1959
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...Critics Circle is highly Pleased at the increased interest in theatrical activity at Harvard, and hopes that it will continue unabated in the future. The theatre may be, as Brooks Atkinson said recently, "the cruelest of the Professions"; but at the student level its worthwhileness as an extracurricular activity is unsurpassed, both in its many inherent benefits to those taking part and in its cultural and educational stimulus to those beholding it. Has not many a sage told us that all the World's a stage...
...almost same as natural rubber. U.S. says it gave Goodrich more than $1.5 million for synthetic rubber research on condition that discoveries be revealed to all rubber makers. Goodrich claims process was discovered privately by Goodrich-Gulf Chemicals, Inc., in which Goodrich and Gulf Oil Corp. hold 50-50 interest...
...dickering for a lease. National Equipment plans to borrow the money from institutional investors, buy the planes and lease them. National Equipment's client will rent each plane for eight years, and pay off the full purchase price in rental installments. The lessee will also pay interest on the loans and a fee (usually ¼% to 2%, although some go as high as 6%) to the leasing company. Says National Equipment President R. L. Boothman: "We engineer the lease, we own the property, and we depreciate the property. Leasing is not cheaper than ownership...
When the Federal Reserve Board launched its tight-money policy, it knew that it would cause trouble for the U.S. Treasury. The money squeeze was bound to force the Treasury to boost interest rates on Government bonds. But the Treasury hardly anticipated the extent of the tight-money troubles that faced it last week. Fortnight ago it announced the refinancing of $4.2 billion in Treasury notes. It offered investors (about half of them corporations) a choice of taking 3½% certificates due in eleven months or 3⅝% notes due in 1962. The new interest rates, highest offered...
...fact is that many corporations feel that they can invest their money at better returns in non-Government securities. If the Treasury hopes to carry off its refinancing program successfully-and $28.5 billion in short-term notes will become due this year-it will probably have to boost its interest rates. In any case, it can expect little help from the Federal Reserve Board. In accordance with its independent policy, the Fed did not lift a finger to buy notes in support of the Treasury's floundering new issue...