Word: cottons
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Dates: during 1950-1959
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...ready to open its doors again to foreign spenders. The Egyptian cost of living had momentarily ceased its steady climb; the stock market was active, and toll money from a once-again busy Suez Canal was pouring into the national treasury. A prospective purchase of $35 million worth of cotton by France gave a needed boost to the export balance. The government announced a budget surplus of nearly $55 million. And to top it all, the government's hand-picked candidates were easy winners in the new regime's first nationwide parliamentary election...
...COTTON SURPLUS will be eliminated in two or three years if Government continues expensive export subsidies. Record exports of about 7,200,000 bales have already helped trim surplus from 12.9 million bales...
Never-Wear Nylon. Du Pont has developed a tougher nylon for heavy-duty work and sports clothes. To be marketed in clothing this fall, the new nylon (Du Pont 420) can be blended with cotton or rayon to make clothes that Du Pont claims will last 70% to 100% longer than standard garments...
...most magnificent in the world was dedicated last week in Washington, D.C., and the President of the U.S. took his shoes off for the occasion. There had been considerable nervousness over how President Eisenhower would observe the Moslem custom of removing shoes on entering a mosque. Grey cotton slippers had been prepared to slip over his shoes, but Ike decided to go all the way, shed his new black oxfords before he put on the slippers; Mamie took off her white pumps and stood in her nylons. Then they stepped across the threshold on to a carpet sent...
JAPAN'S FINANCIAL PINCH will be eased by $175 million loan from U.S. Export-Import Bank to be used to buy U.S. farm goods without draining low Japanese dollar supply. With the credit Japan will import U.S. cotton, wheat, barley and soybeans, for which it is No. 1 foreign customer...