Word: losses
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Dates: during 1940-1949
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Life's Blood. Every 1? drop in the copper market cost the Chilean government $5,000,000 in royalties. By last week the price decline had already brought a $32.5 million-loss in this year's foreign exchange budget. The production cut also meant a fall of 1.8 billion pesos in the taxes that Chile collects on mine operations. "If this situation had presented itself in 1952 instead of 1949," sighed President Gabriel Gonzalez Videla, "it would have been of no importance." But at a time when Chile's industrial development program (TIME, May 30) was still...
...least one new invitation (inside two envelopes) and we inevitably find it a dismal experience to open it and discover who went this time. Not only does it mean something else that must be answered, not only does it involve further financial sacrifice, not only does it mean the loss of a drinking companion--from a purely objective point of view means that some unsuspecting sentimentalist is voluntarily signing away his freedom...
...Leaving home and going to college is such an experience," he continued. "Leaving college and going on to graduate study or out into the world is another. Getting married . . . the loss of a job . . . the death of someone near to us . . . They are the times for which we are unprepared," when we loss our mental peace and "make a mess of our lives...
...Loss Holders. Though SEC later permitted the stock flotation-it cannot bar anyone from selling stock as long as "full disclosure" is made about the issue-SEC again warned prospective investors that Tucker's public statements had been "grossly misleading and false...
...Shirtman Phillips could not have picked a better time for something new. He is an old hand at new selling tricks. A grandson of Founder Moses Phillips, he stepped into Phillips-Jones's presidency in 1939 at a time when the company had just turned in a loss of $937,186. Its stock, which had once sold at 98¼, had sunk to 2¾. At 36, Phillips knew plenty about the shirt business; for 15 years he had clerked in the stockroom of the family plant, worked on credit, advertising and sales. Thanks partly to the wartime boom...