Word: walling
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Dates: during 1950-1959
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William Henry Grimes, editor of the Wall Street' Journal D.C.S...
...notes rose to 3.374%, the highest since the 1933 bank holiday. The rate on short-term commercial loans also rose to the highest in nearly a quarter-century: four-to-six-month notes of the nation's leading corporation borrowers carried ah interest rate of 3.75%. Said a Wall Street bond dealer: "Money is so tight it squeaks...
...heavily on his cell floor. Thumped he: "I won't have my future wife discussing her underclothes in the presence of strangers." After that they discussed marriage, a honeymoon, children. Ignotus began writing poems to Florence, one of which, happily paced out, began: Despite the iron bars and wall I hold her hand in mine...
...cocktail party, from a request by some scholar or university, or from some great scheme cooked up by the staffmen themselves. All projects of over $500,000 must be passed by the full board of trustees,* which meets four times a year in a conference room with one wall lined with photographs of their predecessors and themselves. Between meetings the trustees study reams of reports and documents sent them by the foundation, more than earn their $5,000 a year. "We've got a tremendous trust," says Trustee Donald K. David, former dean of the Harvard business school...
...sale. IBM's revenues have zoomed 400% in the past ten years, accelerating faster than the sales of its top competitors, Burroughs Corp. and National Cash Register Co. Sales and rentals for the first quarter of 1957 hit $215.7 million v. $155.5 million in January-March of 1956. Wall Street brokers expect IBM's gross income to jump 25% a year for the next five years, as U.S. industry steps up automation, notably in the office, where clerical workers are becoming scarce and more costly...