Word: trims
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Dates: during 1950-1959
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...private enterprises abroad, has suffered severe pruning in battle of budget. With backlog of about $1.5 billion in loan requests from all parts of world, fund had hopes for $1 billion appropriation in next fiscal year. But Administration reluctantly cut figure to $700 million, and Congress is expected to trim more...
...trim its losses, the New York Central Railroad announced that it will pull out of the Railway Express Agency, Inc. Hauling express parcels on its passenger trains, the Central said, accounts for $11 million of the $52 million deficit billed for passenger trains. Said the Central's president, Alfred E. Permian: "The old method of collecting parcels at gathering points and then loading them onto passenger cars is obsolete...
...market through a mutual fund or the Stock Exchange's Monthly Investment Plan. So does the middle-income white-collar worker who hopes to send his son through college, the matron who saves to give her daughter a bang-up wedding. In Atlanta Mrs. Sara Pfeiffer, a trim, energetic grandmother and freelance writer, has organized three investment clubs, is busy with a fourth. Says a Cleveland commercial artist: "This year I became a capitalist. I went into the market for the first time...
...slowly be rebuilt. Businessmen are once again increasing their outlays for plants. Forecast: up $1 billion to $31 billion. Says A.T. & T. President Kappel, who will add $2 billion to the $2.2 billion he laid out last year: "When the recession came along, we had to decide whether to trim capital expenditures as in past recessions. We felt sure that renewed growth was coming, so instead of cutting down drastically-which would only mean having to race the motor later to catch up-we went ahead and proceeded to build quite a lot of useful margin into our plant...
...borrow for cars again. While predictions are for a 5,500,000-car year, automen think they may do a lot better. One hopeful sign at year's end: cars were selling at a far faster clip than a year ago, when Detroit was already beginning to trim production to match falling sales...