Word: sales
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Dates: during 1960-1969
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...German aid fund will tap private industry for a loan of $400 million, siphon off state-government surpluses ($125 million), and drain unused Marshall Plan counterpart funds and the federal government's own customary budget surplus. Still another source: sale to the public of $125 million in shares in the Government-owned Volkswagen works, whose sales abroad have made a mighty contribution to West Germany's foreign exchange hoard. The new aid, announced Economics Minister Ludwig Erhard, would be offered to underdeveloped countries at low interest and over a long term; unlike past German pinch-pfennig credits...
...Sylvia was working ahead in preparation for a planned vacation with Sumner. But even vacations are no particular rest. On a brief winter idyl in the Bahamas, sunning herself near a Detroit executive who did not recognize her, Sylvia picked up a chance remark about an impending Ford stock sale that made front pages all over...
Last month San Francisco's former Mayor Elmer Robinson was idly thumbing through a catalogue of Manhattan's Carnegie Book Shop. A noted bibliophile, Robinson was shocked to see on sale a 1916 letter from President Woodrow Wilson-a letter that Robinson last saw when he donated it to Stanford as part of an $8,000 collection of 43 historical documents. Robinson promptly called library officials. All the documents were gone, along with another batch of presidential autographs, from Washington to Hoover...
Kennedy and the FRB have recently grown closer in their views about curbing gold speculation on foreign markets. To maintain the dollar's value, Kennedy has called for the "free sale" of U.S. gold on markets abroad to prevent speculation, a move that many foreign bankers believe would quickly end it. The Treasury, which previously opposed such free sale, three weeks ago informed the Bank of England that it had no objection to the bank's selling gold to keep the market orderly, and that the bank could replace such gold from U.S. stocks. Last week gold...
...nations of the world. The raw material for the estimated $30 million annual business often results from a closetcleaning housewife's call to a ragman or the Salvation Army. The castoffs may end in a Baghdad bazaar or a peddler's Land Rover making bush-to-bush sales in Tanganyika-with a Brooks Brothers suit for sale at $5, Arrow shirts at 50?, a Saks dress at 30?. Last year U.S. exporters shipped over 200 million lbs. of used clothing around the world for profit. And though many a nation bans secondhand imports to protect local industry...