Word: loans
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Dates: during 1950-1959
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...Virginia . . ." In Great Bend, Kans., six weeks after a jolly old gentleman with white whiskers drove off without paying for a tankful of gasoline, Service Station Owner Jack Ames got a letter containing $3.31 in cash and a message: "Thank you for the loan . . . Santa Claus...
...needed the materials. Later, Sears helped the manufacturer find a new plant in a small town and recruit a work force of 75, laid out year-round production schedules for him, and gave him a five-year-purchase contract which was enough to get him a bank loan to finance the new plant. Sears profits by such deals by getting low-cost goods made to its own specifications at bottom prices...
...Center, also spoke at the meeting. He urged the porters to apply for financial aid, stating that the scholarship committee is "interested in students who indicate their financial need by working hard." Even those students who do not come up to the academic standard for scholarships may receive a loan or beneficiary aid, Monro said...
...savings deposits was 2%. But when all other interest rates edged up, savings banks began to clamor for an increase. Though their earnings were up, so were operating expenses, and a corporate federal income tax was imposed on them last year. Banks were also losing business to savings & loan associations, which generally pay 3% or more. Last week the State Banking Board permitted the banks to pay 2½%. By week's end banks in New Jersey were raising rates...
...ship-to-shore broadcast of the Eastern Sprints regatta in 1948--has now been extended to all crew races. The equipment, however, is somewhat modernized: while four years the Society made the broadcast a walkie-talkie set-up, this Spring Nelson says that the Wireless Club plans to loan its equipment...