Word: invest
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Secretary George Humphrey's announcement that he had approved U.S. participation in the International Finance Corp., an institution to be set up as a subsidiary of the World Bank (International Bank for Reconstruction and Development). IFC, brain child of the World Bank's President Eugene Black, will invest capital and share ownership in private ventures, mainly in underdeveloped lands, and thus also promote private investments which would not otherwise be made...
...pension programs, some 13,000, mostly the smaller plans, are insured by life-insurance companies and still invest extensively in such traditionally conservative securities as Government bonds. But the remaining 7,000 programs, which have 60% of all the money, are handled privately either by company officials or bank trustees, and they are using their funds to serve both workers and industry. While in 1946 the funds invested up to 50% of their money in Government bonds, today the Treasury Department reports that the percentage has fallen...
With the great postwar building boom, pension trustees are beginning to lend money on big office buildings, shopping centers and housing developments. Other companies are turning to well-paying corporate bonds to provide an increasing flow of new money for industrial expansion. While few companies invest in their own stocks (some even have specific rules against it), Sears, Roebuck has put 60% of its $600 million fund into its own shares, much of the other 40% into mortgages on its 696 U.S. stores...
Since few pension investors are interested in quick, speculative gains, the effect of this buying has been to bull up as well as stabilize the stock market. Most funds invest on the "dollar averaging" principle, i.e., assign a specific amount of money each year to buying a certain stock. If the stock rises, the fund can buy fewer shares; if the stock falls, it can buy more, thus tending to stabilize the market...
...ravaged Burma, the Foreign Ministers of the two nations concluded final peace terms, and toasted the agreement in champagne. As reparation for the wartime occupation, Japan promised to send Burma $20 million-a-year worth of machinery and goods for the next ten years, along with technicians, and to invest another $5,000,000 annually in such joint enterprises as power projects and factories. Thus out of the peace Japan stands to get a friendly foothold in the Burma market...