Word: low
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Dates: during 1950-1959
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...minded ex-Chairman of the Joint Chiefs of Staff (1953-57), toured the Middle East. Operating in five such groups, the committee members returned to Washington, in March handed Ike an interim report warning that his $1.6 billion budget request for military aid was at least $400 million too low, specifically lacking in funds to arm NATO's deterrent forces with IRBMs...
JEWELRY PRICE CUTS up to 15% on gold and gold-plated items are in store for Christmas buyers, as low-priced Italian and Japanese imports put heat on U.S. makers...
...Reaction Motors. Against his financial aide's advice, Rockefeller put up $500,000. After a tough decade, Reaction grew strong enough to merge with Thiokol Chemical Corp. last year, and Rockefeller got Thiokol stock that is now worth $4,200,000. In 1950, Rockefeller put $202,000 into low-flying Marquardt Aircraft Co., a pioneer in ramjet propulsion; his interest zoomed to $5,200,000 after Marquardt started making ram-jets for the Bomarc missile. But the fastest rise of all was in Itek. Two years ago Rockefeller, a camera bug, invested $279,000 in Itek Corp., which...
...little sins, major oil companies last December were pressured by Bonn to fix prices at $22 per metric ton (about $3 per bbl.) and not to advertise. But cheaper oil flooded in from neighboring nations and Iron Curtain lands. Small, noncartel companies cut oil prices as low as $15 per ton, tripled their market share to 25%. Last week giant Esso A.G., a subsidiary of Standard Oil Co. (New Jersey), alarmed because its share of the market had dropped from 35% to 25%, stomped out of the cartel rig; out followed Shell, Mobil Oil, British Petroleum...
...last few years he has had little time to enjoy the view, has been intent on a much broader horizon. As a director of the Export-Import Bank since 1954, Vance Brand, 52, has traveled more than a quarter of a million miles at the job of overseeing longterm, low-interest loans for the world's underdeveloped nations. So well has he handled the job that President Eisenhower last week nominated him for a post that will keep him away from Ohio even more: managing director of the two-year-old Development Loan Fund, to succeed Dempster Mclntosh...