Word: payment
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EASIER OVERSEAS CREDIT is being planned by the Chase National Bank to help U.S. businessmen compete with foreign companies, whose governments often underwrite long-term payments. Chase's plan is to form a huge credit pool called Foreign Finance Co. to minimize the risk to any one company. Under the plan, exporters would only collect a 20-25% down payment from foreign buyers; the remaining 75-80% would be financed jointly by the company itself, the Export-Import Bank and the new Foreign Finance...
...said, however, that the HLU would not be able to complete payment of the $220 bill until the end of the present academic year...
...started losing money in the second half of the year so we stopped payment on bills, now the creditors are knocking at the door," Kadison stated. He said he had not yet been officially notified by the HLU that it would pay its debt...
...McGee, headed by Oklahoma's Democratic Senator Robert S. Kerr and Oilman Dean McGee, have some special information on the land? Not at all. In Washington last week, Kerr-McGee was desperately trying to withdraw its $15 million in bids and get back the $3,000,000 down payment it had made on the land. It was all a horrible mistake...
...fate to win in their widely disparate districts. Christopher, who has nine children, is running against Republican Jeffrey Hillelson in Missouri's Fourth District. The farm vote is decisive there, and Christopher was a tenant farmer for 21 years before scraping together enough money to make a down payment on his own place. Even the elements have conspired against Hillelson. Says Christopher: "We've been plagued by one year of flood, three years of drought and two years of Benson...