Word: canadians
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Dates: during 1950-1959
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...Canadians last week enjoyed the mixed blessing of having the world's hardest currency. A brisk international demand pushed the dollar to an alltime high of $1.0611 U.S., bringing joy to Canadian importers, dismay to exporters, and concern to the nation's money managers...
Canada's dollar has always held close to the U.S. dollar -in value. Soon after Canada rejected the sterling system in 1853 to adopt a decimal-based monetary system, the government pegged its dollar on a par with the U.S. dollar. Later, Canadian money was freed to find its own level. In 1940 the dollar dropped to a low of 78 U.S. cents; as World War II progressed, Ottawa pegged its dollar at 90?. After Canada dropped all monetary controls again in 1950, the Canadian dollar began its slow rise to last week's high...
...British. French and Canadian delegations interpreted Zorin's remarks as propaganda aimed at next month's German elections. It was obvious that until after Germany votes, the public meetings in London are going to prove little. Even the ever-ebullient U.S. Negotiator Harold Stassen seemed a little discouraged after Soviet Delegate Zorin declared, "The optimistic picture that Mr. Stassen painted for us far from exists...
CANADA'S DOLLAR is up to all-time high of $1.058 in U.S. currency, largely because of heavy investments by foreign companies, which must convert their currencies into Canadian dollars...
...Teleradio Pictures, Inc., a General Tire & Rubber Co. subsidiary, by a syndicate headed by Oilman Armand Hammer, who will become chairman, and Los Angeles Radio Executive Paul Roberts, who will become president. Group paid about $750,000 for network's good will and advertising contracts with 480 U.S., Canadian stations...