Word: midlands
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...Chase Manhattan will open six foreign branches in 1965, bringing its total to 37. Bank of America so far this year has opened in Singapore, Taipei and Nicaragua, plans in the next few months to move into Vienna, Antwerp, Madrid and Barcelona. In recent months, Manhattan's Marine Midland entered Europe for the first time, Manhattan's Chemical Bank went into Asia, and Chicago's Continental Illinois bought interests in banks in five countries from Argentina to Zambia. Says Roger Damon, president of the First National Bank of Boston, which has eleven foreign branches: "International banking...
...cash that it could not even afford to hire an auditor and issue its annual report, an omission that caused the Securities and Exchange Commission to ban trading in its stock. Fearful that the company would go broke before bondholders could be paid off, Manhattan's Marine Midland Trust Co., trustee for $4,298,200 in Webb & Knapp debenture bonds, petitioned the courts for reorganization of the company under the Bankruptcy Act. Besieged by a growing army of creditors and unable for once to raise the money to pay them off, Bill Zeckendorf last week agreed in federal court...
...have sprung up as a salve for all this agitation. Student groups for "university reform" have appeared at Illinois State, Michigan State, Farleigh Dickenson, and several West Virginia colleges. Faculty-student groups organized for "rapport" between the factions have been established at the University of Utah, Florida State, and Midland College in Nebraska...
Lewis noted that a lack of tenderness has always characterized the poetry of the city. He quoted numerous English and Irish ballads, speaking with Midland and Irish accents when appropriate, to show that the street song is more often comic or dramatic than tender. "The golden age of innocence and love was in the country," he said. He added that if using the street ballad as social criticism requires "marking the literary muse into the literary prostitute, I'm in favor...
...Ages. Behind forbidding stone walls broods "the Old Lady of Threadneedle Street"-the Bank of England-which controls the currency that finances 40% of all international trade. Clustered near by, interspersed with some 30 churches built by Christopher Wren, are 150 banking houses with such famous names as Barclays, Midland and Lloyds. British banks have for generations made the whole world their oyster, have extensive and direct knowledge of business conditions and customers overseas. Altogether, they have sprouted 500 branches in foreign lands, five times as many as U.S. banks have overseas...