Word: stocked
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Dates: during 1960-1969
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...CUTTING THE PAPER. This is the most pressing problem at present, but also the one that the exchange, under Haack, has gone farthest toward overcoming. It is slowly phasing into operation a Central Certificate Service, which will transfer stocks from one brokerage account to another by making electronic bookkeeping entries. That will end the archaic system under which messengers now lug bags of stock certificates between brokers' offices in the Wall Street area. This week the exchange also will show off to the press a new computerized system for matching the institutions' big buy-and-sell orders. Next...
...housing corporation will be headed by Chairman Carter Burgess, former head of American Machine & Foundry, and President Ray Watt, a large West Coast builder. It aims to raise $50 million from large corporations and banks and a public sale of stock. Then it will invest most of the money in a number of partnerships of local builders and small investors. For every dollar that the corporation puts up, each local partnership will put up about three dollars. In addition, these partnerships will get FHA-insured loans under the National Housing Act for up to 90% of the costs of construction...
...programmed into a computer, and the more prefabrication you can accomplish, the less costly the building will be." He is so certain that he can make his company's profits go up that he persuaded the president to pay him, on top of his salary of $12,000, stock bonuses if the firm's annual growth rate exceeds...
...that they plan to invest $900 million in an 800-mile pipeline. It will bring the oil to the ice-free port of Valdez, Alaska. In order to expand its marketing of Alaskan oil, British Petroleum last week announced its intention of merging with Standard Oil of Ohio, whose stock promptly shot up 271 points to close...
...expensive and ostentatious even for government leaders. Last year, sales of Darts slipped to only 1,598, and Simcas to 31,106, out of a total Spanish car production of more than 300,000. To help the company get back on its feet, Chrysler planned another $30 million stock offering, which would have further reduced Barreiros' share of ownership. That, most likely, was what prompted Barreiros and his brothers to resign, though they still retain about 22% of the stock. Without them, Chrysler may find the going harder in a land where personal contacts and government good will mean...