Word: premiums
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Dates: during 1950-1959
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...catching flies (at 10? a hundred), and the uses he made of the money. Mother Abby Aldrich, less stern of conscience, balanced obligation with games, art and music. When she heard that Columbia University's new progressive Lincoln School mixed students from townhouse and tenement and put a premium on curiosity, she enrolled Nelson and his younger brothers...
Ford is up to 6 in. longer, sports 29% more windshield area and a superenamel finish that needs no waxing for the car's lifetime. It has single taillights, parking lights in the front bumper. Ford will recommend regular instead of premium gas (saving: up to $1 a tankful). Beamed Sales Manager Marvin Cahn of Manhattan's Ralph Morgan Motors: "The new Fords won't be displayed till Oct. 17, but we have firm orders for 400-double last year...
GOLD FUTURES TRADING is growing brisk for first time in U.S. as some speculators bet that gold price will be boosted from $35 per oz. U.S. traders buy 90-day gold futures from British and Swiss, pay 2% premium. British and Swiss sell short, i.e., borrow gold to sell to U.S. traders, because they figure chances of price rise are dim. Trading volume runs close to $1,000,000 a week...
...When Macabre's Producer William Castle first tried to insure every human being on earth, Lloyd's was chilly. Lloyd's dickered with Castle over an estimate of the number of deaths that would occur, finally settled for an actuarially comfortable eight, made the premium $15,000. No bereaved heir has yet made a claim...
...poor showing does not lie in the guaranty program itself. Any U.S. investor in a country included in the program-from Venetian-blind makers in The Netherlands to rayon manufacturers on Formosa-can apply for insurance covering the full value of the investment. Policies bear a relatively modest annual premium of one-half of 1%. In the event of a claim, the U.S. Government takes upon itself to save or recover the investment, gives full restitution to the U.S. firm before undertaking legal and diplomatic action to collect. Premiums paid by protected firms go into the U.S. Treasury...