Word: cashing
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1960
Sort By: most recent first
(reverse)
...hard-up areas of the world; in many cases, struggling small nations operating under this system repaid the Germans with dollars granted them under U.S. aid programs, adding further to West Germany's currency reserves. Actually, West Germany last year coughed up a mere $5,000,000 in cash grants, loaned abroad (at 5% to 6%) only $100 million in long-term credits...
...private industry. But this project is vague and undefined, and the government has not thrown its full weight behind it. Nor is there assurance that businessmen will go along; significantly, Wirtschaftsdienst, the influential organ of industry, recently complained that Germany's own internal expansion requires all the spare cash available. But, although Konrad Adenauer would be able to protest that another election is coming up, it looked as if the Germans might be hooked for at least some contribution. Reporting the impending Dillon-Anderson visit, Hamburg's Die Welt commented gloomily: "The Federal Government is disturbed . . . giving up money seems...
...strutted away. Suddenly one of the gang, 14 years old and illiterate, spun round and stalked back. "Here's something for you to wear," he snarled, brutally stabbing the old man twice, and leaving him critically injured. Packs of out-of-control teenagers, out for kicks or cash, are terrorizing Santiago, Chile. The Chileans call them coléricos-angry ones...
...bankers, businessmen and consumers, the Federal Reserve Board last week had a Christmas present well in advance of Christmas. To supply more cash and credit for the Christmas shopping season, FRB added $1.3 billion to the lending power of its 6,200 member banks by allowing them to count all cash on hand as reserves. It also lowered the minimum reserves permitted big-city banks from 17½% to 16½% of deposits...
Franklin Sanders, Assistant to the Treasurer, noted that the University "intends to keep considerable liquidity in its investment portfolio." As a result, $270 million of the endowment at market value is invested in bonds and notes, which can be converted readily to cash...