Word: crested
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Akron, Ohio: Alfred Horberich '14, 507 Ohio Building; Atlanta, Georgia; December 27, Richard A. Stout '29, 226 Chandler Building; Birmingham, Alabama: December 26-27-28, Harrison W. Blair, 2619 Crest Road; Buffalo, New York: David B. Moseley '45, 70 Niagara Street...
Resort Trouble. Like all other hotel-men, Conrad Hilton is currently riding the crest of the wave. In most hotels, the trick is still to find a room and Hilton is confident that business will remain good for at least five years. Because of increased efficiency, the break-even point of Hilton hotels is now down to about 60% to 75% of capacity, as against a national average of 80%. For the first ten months of 1949, their operating profit totaled $6,886,108, slightly higher than last year...
...Nehru arrived back home just in time to celebrate his 60th birthday. Cheering crowds greeted him at the airport and along the route to a huge public meeting in Bombay, where he accepted from admiring countrymen a $30,000 trinket: a foot-long miniature of the Asoka Pillar (whose crest is the Great Seal of India), made of gold and twinkling with 60 diamonds...
Last week the great flood of 1949, the highest and most disastrous in 20 years, had passed its crest. As the waters subsided, the misery they had created grew. In the six southern provinces still under their sway, the Nationalists reported 10 million people in need of flood relief...
...fight against the flood was also a fight against starvation riding its crest. The Yangtze basin had lost 40% of its rice crop. In the south the deficit was 50%. Surveying the figures, foreign experts foresaw another tragedy: the great flood might well plunge China into the century's most terrible famine...