Word: lent
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Dates: during 1950-1959
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...also bring convertible debentures under margin rules for the first time. After converting the debenture into stock, the investor has 30 days to supply the 90% margin. The Fed will also keep a close watch on bank credit, which has been used to get around margin requirements. Banks often lent up to 50% on stocks. Now, if the bank lends more than 10%, both a bank officer and the borrower must sign a statement that the funds will not be used to buy listed securities...
Other stars have leaped onto the bandwagon for more mundane reasons. Why does Rock Hudson, the nation's No. 1 box-office draw, plug safety razors? Says a friend: "Naturally, because he can use the dough." Fred MacMurray and Wife June Haver lent their faces to American Gas for a $6,000 kitchen, plus air conditioning for their ranch. Claims one bubbly member of Ad Row: "We can give very high-style publicity. Now we are selecting stars, not soliciting them...
From an Eminence. Moscow's Pravda lost no time in proclaiming the Chancellor's action "involuntary," and the combination of abruptness, peevishness and pressure lent some color to the interpretation. Yet after the first public outcry that the West had lost one of its stoutest men at an awkward moment. Adenauer's decision began to appear a wise recognition that he was no longer indispensable. West Germany was no longer just one indomitable man but a strong and prosperous nation of 52 million people...
...dripping amid shattered glass, she gave me her views on the press in gutter language running mostly to fundamental four-letter words." Newsmen reported that she expressed the same views in roughly the same terms about the city of Melbourne to a nonplused officer of the aircraft carrier Melbourne, lent to the moviemakers by the Australian navy...
London. To make way for a new road junction, London's urban planners recently decreed the destruction of The Elephant and Castle, a fabled 200-year-old pub, which lent something of the raffish, robust flavor of 18th century England to the whole London district of Southwark...