Word: lende
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...small auto finance companies is from commercial bankers rather than G.M.A.C. Bankers once scorned auto loans, but since 1955 have increased their share of the car financing market from 39.5% to 49%. It takes a large finance company to be able to raise capital cheaply enough to lend it out at rates competitive with those the banks can offer. As a result, many small companies have been absorbed in mergers. A.F.C.'s Meier concedes that his own Interstate Finance Corp. of Evansville, Ind., has "taken in from 25 to 50 companies by merger" since it started 42 years...
...proliferation of coffee shops under the Hughes headquarters does not assume more than symbolic significance) I will be delighted to join Mr. Roberts in welcoming them to the fellowship of responsible men. But to argue, as does Mr. Roberts, that this awakening is something wondrous to behold is to lend support to the view that irresponsibility is the norm of student politics. I am glad that the peaceniks are acting their age--but couldn't we save our fatted calves for a more significant occasion? Barney Frank 1G, Chairman, Policy Committee of the National Federation of Collage Young Democrats...
...original demand than management's first offer. The News also suffered another embarrassment. The New York Times, not directly involved in the strike, was actively involved in ending it. It was at the request of the Times that U.S. Labor Secretary W. Willard Wirtz rushed to Manhattan to lend his authority to a settlement...
Plodding Progress. The deficit exists because U.S. business and Government spend, lend and invest more abroad than they bring home. As the deficits mount, gold flows out of the U.S. The gold supply has diminished by a shocking $1.3 billion in the past twelve months, is down to a 23-year low of $15.9 billion. At the same time, though the U.S. continues to export more than it imports, the trade surplus has narrowed, from $5.3 billion last year to an estimated $4.4 billion so far this year. Imports increased 13% in 1962's first three quarters, the highest...
...Will he start something else?-occurred to most journalists, and are questions easier to pose than to answer. The full truth will be a long time emerging, but a journalist cannot evade attempting a present assessment. The answers involve both the unknowable and the imponderable, and do not lend themselves easily to resonant assurances so dear to commentators...