Word: landed
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Dates: during 1950-1959
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...Navy unveiled the world's biggest amphibious helicopter, the twin-turbine-powered Sikorsky HSS-2, designed to set down on land or ocean's surface in all but the worst weather...
...acres of well-kept land 80 miles northeast of Seoul, Korea, stands the village of New Chorwon, where some 500 people make a living from crops of potatoes, wheat, cabbage and barley. It is not an unusual village-except in being a village at all. Four years ago, the site was war-ravaged wasteland and the villagers hopeless wanderers. What gave them life was the gift of a 68-year-old Philadelphia lawyer who does not believe in Christmas presents but does believe in President Eisenhower's idea that foreign aid can be on a person-to-person basis...
...Korean government allotted land to a group of refugees who had slipped over the border from Communist North Korea. French's money bought a farm tool set for each family-sickles, hoes, shovels, picks, pitchforks. Then came fertilizer and seed, and a pair of bullocks. French got regular reports from CARE: when the first crops were harvested, when the first houses were completed, what special problems came up. Korea's winter is too harsh for farming, so French bought a machine to make straw rope for the village to use and barter. New Chorwon called it The Graham...
...Stock Exchange (see Wall Street) were General Development Corp. and Universal Controls, Inc. Shares of General Development, the mailorder merchandiser of Florida houses and lots (TIME, May 19), zipped from 59⅛ to 69⅝, and its success boomed the stock of a flock of lesser companies planning Florida land developments. Universal Controls, an electronics maker, moved from 84 to 97. Both stocks have more than doubled since Jan. 1. Last week Universal announced a four-for-one stock split, plus a 10% stock dividend and a boost in the yearly cash dividend from $1 to $1.20 on the present...
Shell Game. Chesler stalked small companies with big potential, accurately sniffed the coming boom in electronics, Florida land, and leisure activities, including horseracing...