Word: payments
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Dates: during 1950-1959
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...Soft Spot. Both builders and bankers agreed on the soft spot in the construction boom: the 100%, 30-year mortgages backed by the Government through the Veterans Administration. The no-down-payment terms were originally designed to help veterans during the critical postwar housing shortage, were expected to taper off as the shortage eased. But actually, no-down-payment loans have climbed from 8% of all VA-guaranteed loans in 1953 to more than a third by the end of last year. Almost 10% of the loans are the no-no-down-payment type; they even cover...
...they would get another doctor.) Last week, after lengthy investigation, Venice's criminal court ruled on the case. Dr. Torres was fully exonerated, because he had not been called directly by the family. Dr. Gardin and Dr. Tagliapietra were both found guilty. Penalty: suspended five-month prison sentences, payment of court costs and damages yet to be fixed. The last and best-known of the four, 73-year-old Francesco Strina, won acquittal but only because of lack of sufficient evidence. The verdict in effect admitted that Strina's intervention probably could not have saved Giovanna...
...quickening pace was felt by big and small alike. Youngstown Sheet & Tube and Sharon Steel each fired up an additional open hearth at their Youngstown plants. And Crucible Steel, which since the war has poured $100 million into new plants instead of paying cash dividends, declared a quarterly payment of 50? a share, first since...
Parkhurst reported that under the present arrangement he will receive an additional salary this spring for his work. The Administration will then discontinue this payment in the fall, but it will also attempt to reduce his academic duties to allow for the expanded debating program...
...West Berlin were set afire. Last week, after years of fitful negotiation, the city of West Berlin settled for the damages. To the Jewish Restitution Successor Organizations and the Jewish Community will go 9,600,000 Deutsch marks ($2,280,000). The city also agreed to forgive payment of a $333,000 loan it had made the Jewish Community to help in rebuilding synagogues and welfare buildings. Rebuilt to date: five synagogues, one hospital, one community auditorium...