Word: investors
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Dates: during 1950-1959
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...Economist Ralph E. Burgess pointed out that 80% of the cash is to replace worn-out facilities. And mainly the hope for large capital gains in the boom has kept venture capital flowing steadily, said Harvard University Professor J. Keith Butters. "In a time of depression and investor pessimism" present tax laws might dry up these supplies altogether...
...will spend a record $1.1 billion on expansion: 50% on searching for new oil, 25% on refineries, and the rest for new transportation and marketing facilities to get its products to consumers. Little Man Beware. In Wall Street there are still some experts who distrust the supposedly uninformed small investors; they like to quote the old saw that "when the little man comes in, it is time for the professional to get out." Actually, thanks to President Funston and the vigorous campaigning of brokerage houses that conduct stock-market classes all over the U.S., the small investor is an increasingly...
...construction and remodeling, the highest amount spent for this purpose since the early 30's. Of this, $4,991,000 was from gifts of alumni, friends, and two foundations. These figures do not include the $2,500,000 gift of alumnus John Hay Whitney, New York investor, toward the purchase of the New Haven school property...
...last September Deepdale organized a "Calcutta"* competition. Amateur sportsmen not averse to gambling $1,000 or so on a friendly game of golf scrabbled for invitations. Among them was Richard L. Armstrong, a Manhasset (N.Y.) investor and member of the nearby Sands Point Club. At a tournament dinner before the teams teed off, Armstrong just happened to be seated at the same table with a pair of visiting golfers named William Roberts and Richard Vitali. Roberts, who claimed a 17-stroke handicap (along with his partner's 18), seemed strangely confident. No one knew anything about him, but there...
...used for student parking, a garage would pay for itself in anywhere from 40 to 60 years, depending on charges. Normal amortization rate is 20 years, which would make any private investor reluctant at best to build the facility. The University can, however, be assured of continuous use of a garage and thus of definite, if slow repayment of any initial outlay...