Word: rental
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Dates: during 1950-1959
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...SYSTEM is being started by Greyhound Corp. in New York, Chicago, Miami, Detroit, Cleveland. By year's end it plans fleet of 4,000 to 5,000 cars in 50-city net, will permit driver to return car without extra charge to any city with Greyhound's rental service...
...MACHINES are going on sale, most of them for first time, as result of consent decree signed with Justice Department last January (TIME, Feb. 6). After decades of rental-only policy, IBM will sell accounting and tabulating machines, either old or new, that are installed up to July 25, 1958; from then on, only new machines will be sold. Sample prices: $1,950 for a card punch v. $40 monthly rental; $1,700,000 for 700 series electronic brain v. $30,000 monthly rental...
...rental income at the same rate as other forms of business income...
...systems, notably the 300,000-member Diners' Club, which charges hotels and restaurants 7 % of the user's bill. Association's "Universal Trav-elcard" costs the same as Diners' Club membership ($5 a year), is recognized by 6,000 of U.S. hotels, the major car-rental chains and some theaters for charging bills, cashing personal checks...
...line with improved benefits for married students, Elder said he favored improved University housing for them, especially those with children. "One of the greatest needs is decent housing at a decent rental for married people," he said...