Word: interests
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Dates: during 1940-1949
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...Angeles, Ted Schroeder got to the semifinals of the Pacific Southwest tourney. And he was mad. The press had panned him for going straight home (to work at his job, selling refrigeration equipment) after winning his Davis Cup matches. They expected a little more interest in the game from the man who had once been rated the nation's No. 1 amateur. His opponent last week was young Pancho Gonzales, who had just won the national amateur championship Ted Schroeder might have won at Forest Hills...
...charmer who begins as a small shopkeeper faced with bankruptcy and winds up a potentate and peer of the realm. With bright humor and a sort of icy gaiety, Holt gambles, soft-soaps, bludgeons, picklocks his way out of scrapes and up the ladder. And the play's interest really lies much less in whom he does it for than in how he does it; the Edward role seems a bit of a phony as well as a phantom...
...there in that forest glade, in sight of the mountains, and dedicated myself in the hush and silence, but in the presence of an invading life, to the work of interpreting the deeper nature of the soul, and direct mystical relation with God, which had already become my major interest...
...support the price of long-term Government bonds above par by having the Federal Reserve banks buy bonds back at the "pegged" price if there were no other buyers. With this arrangement, the Government hoped to make it easier to sell "Treasuries." Furthermore, this deal would keep down interest rates, in line with its "cheap money" policy on long-term bonds, and it would stabilize the bond market. For a while the plan worked -but only for a while...
Last week, in spite of controls and planning, interest rates were on the rise, and the market was far from stabilized. So many big securities holders-insurance companies, banks, finance companies, etc. -were unloading their Government securities that FRB was forced to buy up $1,422,000,000, the greatest amount ever bought in one week. Part of the selling was caused by the banks' need for more cash reserves, because of FRB's tightening up reserve requirements (TIME, Aug. 16 et seq.), but there was enough other selling to rouse bankers into the hottest fiscal argument...