Word: payments
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Dates: during 1950-1959
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...sales of tobacco paper in the U.S., where it once supplied 90% of the market. During World War II, U.S. companies started making their own paper, and SEITA has been unable to win back the market. Last week's deal with Reynolds and Lorillard calls for 70% payment in barter (half in paper, half in miscellaneous commodities), and 30% in dollars. In some Paris circles, the legalization of Camel and Old Gold sales also called for a new snobbery in cigarette fashions. Said one young ady: "The only cigarette that suits my taste now is a Chesterfield...
...Connecticut General Life Insurance Co. last week announced that it was reinstituting the war risk clause (no payment for death in military action or travel). It will write the clause into all new policies sold to men 17 to 26 years old, to members of the National Guard and the reserve forces. This week seven other companies announced a similar clause...
...entered the overcrowded field. White-maned, 63-year-old Leopold Stokowski, for 24 years conductor of the Philadelphia Orchestra, began a four-week show. Stokowski will play his own recordings of Bach music, commemorating the 200th anniversary of Bach's death, and will accept a $1 bill in payment...
...Waterbury police court for breaching the peace. But she wasn't to get off that easily. Katherine Rollo, who had to spend six days in the hospital from the kicking, filed a civil damages suit and won a $1,200 judgment from her neighbor. She refused to accept payment of $2 a week: she wasn't going to wait any ½ years to collect, she said...
...houses with Government-guaranteed mortgages were so liberalized that in many cases buying a house is now as easy as renting it. The new terms: 5% down (nothing down for veterans) and 30 years to pay. Thus an ex-G.I. could buy a Levitt house with no down payment and installments of only $56 a month...