Word: holdes
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Dates: during 1950-1959
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TRADE. Commonwealth membership is a good way to hold on to markets already achieved. Loans are easier to get in prosperous Britain (see BUSINESS) than in New York, for British bankers are familiar with the problems of such places as Accra and Lagos and Colombo. Tariff preferences and unity in the sterling bloc is another bond (but Canada is a dollar area); India, Pakistan, Malaya and Ghana all keep their balances in London vaults...
...Greeks strove to hold a timeless image up to man. The Romans grew to love the grandiose and the particular. The Etruscans, who insisted that art must above all else be expressive, and who felt free to warp and distort their images to infuse them with energy, are equally the ancestors of Western...
...many Britons have come to realize that they are better off without the rabbits, which once destroyed 40% of the nation's crops. Unnibbled, vegetation has rioted and farmers' incomes have risen. Oak saplings have taken hold where they had no chance for centuries, and for the first time in memory, wild roses are blossoming over chalk cliffs...
...their battling over steel negotiations, both management and labor naturally pick the figures that best prove their case. Determined to hold fast against any wage hike, industry points out that the steelworkers' average hourly wage of $3.08 is higher than in all but a handful of U.S. industries (coal, glass, construction). According to industry statistics, postwar wage costs have risen nearly twice as fast as the cost of living. Replies the union: average earnings do not mean anything, because the majority of steelworkers have to work at incentive pace and on undesirable shifts and normal off-days to achieve...
...integrated majors. In an $810 million deal, Texaco, No. 2 U.S. producer-No. 1: Standard Oil Co. (N.J.)-and refiner, bought California's profitable Superior Oil Co., whose earnings last year totaled $39.20 a share. Superior stockholders will get 24 shares of Texaco for each share they now hold; Texaco will then absorb Superior's holdings and dissolve the company...