Word: interestingly
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Even more significant than House sections can be imaginative efforts to enlist more faculty interest in the House and to bring all levels of teachers into a closer relation to its function. At present, this is virtually impossible because of the pressure of numbers. The Houses are filled to overflowing, and only when new Houses are built can room be made for more teachers--either as residents or as close associates. The University should be wary of building more office buildings, and instead should concentrate on including more office space for faculty members in both existing and new Houses. When...
...keep present owners of E and H bonds from cashing them in to buy new bonds, the Treasury warned: since interest rates are graduated, bonds now 2½ years old or more will average a higher yield if held to maturity than the 3¼% interest which the new bonds will average...
Among the casualties of the Government's tight-money policy have been owners of U.S. savings bonds, who hold $56 billion of the total $277 billion Treasury debt. As other interest rates have risen, the rate on savings bonds has fallen far behind. As a result, sales have slumped (in 1956 the Government hoped to sell $5.65 billion, sold only $5 billion), and the number of bonds cashed in has soared. In January alone, the Treasury paid out $136 million more than it sold in Series E bonds, after the highest redemption level for any month in nearly eleven...
...sales back ahead of cash-ins, the Treasury last week asked Congress to permit a boost in rates, retroactive to Feb. 1 on all new bonds. It wants to raise Series E and H interest rates to 3¼% as a start, boost rates as high as 4¼% if necessary...
...Congress approves, the boost will come through the same device used in 1952 to raise interest from 2.9% to 3%. The maturity period of bonds was then cut from ten years to nine years, eight months. The new plan would cut maturity to eight years, eleven months, and pay 3% interest after only three years. (The holder will not get the 3¼% unless he holds the bond till maturity.) A similar rate increase will be made on Series H bonds, which are sold in denominations of $500 and more, with semiannual interest payments. Series J and K bonds, sold...