Word: market
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...short, 41,000-mile highway program. Result: the gas tax goes to 4? Oct 1. ¶Rejected again the Administration demand for abolition of interest-rate limits on Government bonds, thus left Treasury unable to manage the $290 billion public debt effectively in today's high, changing money market (see BUSINESS). In a minor concession, a House-Senate conference boosted the 3.26% ceiling on popular E and H savings bonds to 4.25%, thus permitting Treasury to credit outstanding savings bonds with 3.75% interest retroactive to June...
Profit & Pride. More and more white builders, sensing the demand for decent, moderate-priced Negro housing, have taken the plunge into the suburban market. It has its special hazards; in some areas, white building inspectors and utility companies drag their feet when Negro tracts open. Negro mortgage money is often a stiff 1% or 2% more than for whites (it is easier to get loans for prospering Negroes in the Deep South than it is in Northern states). But mortgage companies are beginning to realize that steadily employed Negroes are a good risk. Chicago's Park Terrace even...
Uncertainty over settlement of the steel strike and tightening money last week alarmed many an investor, and the stock market suffered a sharp selloff. The Dow Jones industrial average dropped 9.90 points to 645.90, lowest since June 29. then rallied at week's end to close...
...available funds has been intensified by the crisis in Treasury borrowing. Since the Treasury, restricted by the 4¼% interest-rate ceiling on long-term bonds, can no longer sell such securities, it has had to compete against consumers and small business for available funds in the short-term market. Last week the Treasury's borrowing costs for short-term money rose to 3.979%, up from the 3.889% paid four days earlier, and the highest since the 4.25% paid during the bank holiday...
...oversubscribed), the Preussag shares have risen in value from $34.50 to $59.50. Public interest in stock purchasing has risen to such a pitch throughout Germany that the Frankfurter Allgemeine Zeitung recently toured the schools in a poorer section of town, found 14-year-olds who knowingly employed stock market terms. Asked the newspaper: "Is the stock market becoming the soccer field of tomorrow?" In Holland, the Heyn chain of 360 grocery stores gives out coupons instead of trading stamps, and the coupons can be turned in for special debentures now paying...