Word: held
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Dates: during 1950-1959
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Persuasive Support. The report, drafted by the President's Council of Economic Advisers, gave persuasive support to Eisenhower's conviction that the U.S. will be prosperous enough next fiscal year to produce budget-balancing revenues. Said the President: "If Government spending is held within the limits set in the proposed budget, the growth of our economy will make it possible in the reasonably foreseeable future to provide a significant further step in tax reform and reduction...
...present rates for another year, also requested Congress to up the federal gasoline tax from 3? to 4½? a gallon and slap a new 4½? tax on jet fuels (to be paid by commercial airlines now entering the jet age). For the plain, suffering taxpayer, the President held out only the hope that his program would bring "tax reduction in the reasonably foreseeable future...
Counterattack. Then Reynolds struck the final blow. It went into the open market for all Aluminium shares that stockholders wanted to sell. The market rose to $11.90. At week's end Reynolds held directly nearly one-half of all shares outstanding, had even picked up 260,000 shares that the Church of England's Commissioners, who handle the church's investments, unloaded at a profit of about $1,000,000. Reynolds' investment: around $40 million. In addition. Tube and Reynolds upped their stock-swap offer to $12.32, got enough additional stock to raise their total holdings...
...hold the job since the firm started as a horse-radish distributor in 1869. He succeeds H. J. Heinz II, who became chairman of the board. Armour (no kin to Chicago's meat-packing Armours), went to work at Heinz in 1927 as a visitors' guide, held 57 varieties of jobs within the company. He worked in sales and advertising, became general manager of manufacturing in 1946, a vice president in 1949, executive vice president in 1957. Armour will be trying to widen profit margins; while fiscal 1958 sales climbed to $293,800,000 from...
Daddy is a well-to-do, eternally busy Kansas City attorney, who showers his wife with money as well as silence. Mrs. Bridge fills her days with abortive attempts to paint, to learn Spanish, to keep a scrapbook, to read. But her grasshopper attention is best held by gossipy lunches and club meetings. Novelist Connell seems to say that the very fatness of Midwestern life makes for fatheadedness in its citizens...