Word: loan
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Agriculture pays him $14.7 million a year to store surplus wheat, corn and grain sorghums bought from his and other farms. Soon after the harvesting gets under way this month, the big 1959 crop will be piled on top of the two-year U.S. surplus already owned or under loan by the Agriculture Department (1.2 billion bushels...
Mask of Youth. Dulles went back to Sullivan & Cromwell, began a brilliant advance through major international assignments: he was counsel for a group of U.S. bondholders in the collapse of the Kreuger & Toll Swedish match trust, handled legal work on the $125 million J. P. Morgan & Co. loan to defeated Germany to help pay reparations. At 38 he became Sullivan & Cromwell's directing partner. It was then, according to one friend, that "young Foster adopted that dour expression, partly out of respect for the old fossils of 50 or 60 with whom he had to deal and partly...
Last week the President also: if Signed a supplemental appropriations bill providing an additional $2.8 billion for fiscal 1959. A key item: $150 million for the foreign-aid program's Development Loan Fund...
...each worth four-fifths of a cent at the free-exchange rate, are bursting pocketbooks (v. only 20.5 billion, each worth 5.4?, ten years ago). From a $248 million foreign-trade gain in 1956, Brazil plummeted into a $97 million loss in 1957, a $166 million loss in 1958. Loan interest, loan repayments and massive installments on long-term debts this year will take a $338 million bite out of foreign exchange. Budget deficits were $214 million last year, $230 million the year before...
...week's end the rates went up. Major New York banks hiked their prime interest from 4% to 41%, equal to the prerecession level. The boost reflected heavier demands for bank loans by both business and consumers, also brought loan rates into line with yields on bonds. Most bankers now expect that the Federal Reserve will raise the discount rate from its current 3%. As interest rates climb, they will drive down farther a market already at a historic...