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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Sep 01, 1960
Page
14
New York story outlines the margin loan market where daily new loans reach about 4.5 million dollars, with total outstanding funds around 600 billion. Brokers source money nationwide and abroad, accepting collateral securities and charging service-inclusive rates up to roughly 4.79 percent.
Toledo Ohio firm announces management reshuffle with a new executive vice president overseeing nine operating divisions. Bensinger named to top post alongside senior leaders Gwens-Hlindis and other key nominees.
Premier Nikita Khrushchev visited the Japanese industrial exhibit in Moscow's Sokolniki Park on Wednesday and said it is better than the American display shown there last year.
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