Word: loans
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...days after President Franklin D. Roosevelt died in April 1945, his successor telephoned Jesse Jones. The President, he said, had appointed John Snyder, a St. Louis banker, as Federal Loan administrator. Jones was surprised. "Did he make that appointment before he died?" he asked. "No," snapped President Harry S. Truman. "He made it just...
...Federal Government last week put another credit damper on the boom. From Washington went an order to the 4,200 savings and loan institutions that supply mortgage money for about 37% of the nation's houses. From now on, they must finance new mortgages out of savings and loan repayments only, not by borrowing from the Federal Home Loan Bank. Despite other attempts to slow the boom by restricting credit (TIME, Aug. 8 et seq.), there is little evidence that they have yet had any effect. Items...
Pibulsonggram moved swiftly, in the new democratic fashion. With a big smile, he summoned Pao and dispatched him in his capacity as deputy finance minister, to Washington to see about a new U.S. loan. The plane was hardly off the ground before the Premier began separating Pao and his relatives from their extra jobs and it had hardly landed in the U.S. before Pibulsonggram made himself interior minister and promised to stop opium smuggling...
Money in the Bank. Last week, with long-term debt down to $45,868,758 (of which $33 million is a G.M. loan that Republic is repaying in steel), Republic said it plans to finance expansion largely out of its $240 million working capital, has arranged a five-year revolving credit of $75 million to draw upon if necessary. Furthermore, by adding to existing plants rather than building from the ground up. Republic will pay only $80 a ton for its new facilities, v. $300 a ton for entirely new capacity. The company is equally well fixed for raw materials...
...reason company papers put out such a bland diet is that they are too often published by employees on loan from personnel and advertising staffs who have no newspaper experience. Furthermore, they have no contact with top management, have no idea of what goes on in the president's office. Some editors, in turn, often show an ostrich-like attitude to important stories, e.g., one southern industrial editor insisted that a topic like the Guaranteed Annual Wage "did not apply" to his 60,000 C.I.O. readers. During the bitter strike by the Communications Workers of America last spring against...