Word: grosse
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Dates: during 1950-1959
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...just one country, but all of it-is booming. The U.N.'s Economic Commission for Europe concluded last week that the upturn in European production, "which began in some countries in 1953, is becoming general." Unemployment is dwindling fast in most countries, and Western Europe's gross national product is growing at the rate of 10% a year, a faster rate of growth than that...
West Germany has practically doubled its gross national product since 1948. Last year the busy Germans built 515,000 houses-half as many as the U.S., which has more than three times the population. Exports have more than doubled since 1950, and in Latin America, German iron and steel goods are squeezing out British and American...
...takes a heap of money to put a show into a Broadway house, and a heap more to keep it there. A smash-hit musical like The Pajama Game (TIME, May 24) cost a relatively low $190,000 to get started but it has to gross $31,000 a week to break even. Fanny cost its producers $265,000, has a weekly break-even figure of $34,000 and must run 17 weeks to pay off its cost. In Fanny's case, however, there is little worry-its weekly gross so far is a whopping...
...ability to meet costs is considered in the same way; financial need as computed in trial cases was determined identically under both the Brown plan and John U. Monro's Harvard formula. Scholarship grants range from $200 to $1500, and about 170 out of 600 applicants receive aid. The gross scholarship fund approaches half a million dollars annually...
...Peacemaker Eaton also knew that anyone who got Follansbee at $20 or $21 a share could make millions-as Richmond hoped to do. Richmond had offered Follansbee a gross price of $9,286,620. But since the company had $4,030,405 in cash and bills receivable in the till, the actual out-of-pocket cost to Richmond would be only $5,256,215. By selling the mill for $1,500,000 to Republic, and selling Follansbee's inventories for another $3,090,000, Richmond would reduce his net outlay to a mere $666,215. Richmond would also receive...