Word: holding
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Dates: during 1950-1959
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...China policy recommendations do not, as you correctly report [Nov. 30], meet with the approval of either the Red Chinese or the Nationalist Chinese. I have been expressing them publicly since 1954, and I believe an increasingly large number of Americans hold the same opinions...
Plow-Backs. In Brazil, 23 of the 56 top stocks on the Rio and São Paulo exchanges are joint ventures. Japanese interests hold 40% of the USIMINAS steel plant (annual capacity: 500,000 tons), U.S., Canadian, French and Israeli interests are partners with Brazilians in seven cement plants. In Argentina, Kaiser Industries, which makes 2,500 vehicles a month, is owned 51% by Argentine stockholders, 16% by the Argentine Air Force, 33% by the U.S. parent firm...
...accept less, and dislike U.S.-type management, which believes in building up large reserves, plowing profits back into expansion. Nevertheless, the investors seem to be swinging around to the U.S. concept. In Brazil, where U.S. owners in 1945 held 95% of the stock in 67 companies, today they hold 95% in only 17 companies, as local capital moves in to fill...
...Charging like an affronted rhino, Gene Fullmer, 28, roughhoused flustered Challenger Spider Webb, 28, around the ring in Logan, Utah, to win a unanimous decision, keeping the middleweight championship of the National Boxing Association (recognized by all states but New York and Massachusetts, which still hold Sugar Ray Robinson champion...
...CONSTRUCTION will hold steady, the Department of Commerce forecasts. Construction dollar outlays will rise by 2% to $55.3 billion, but the increase will be because of higher prices...