Word: lowe
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Dates: during 1940-1949
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Night owls developing a hungry feeling in the pit of the stomach as the lamp oil runs low have been finding it difficult to plan their midnight snacks at local cafeterias in keeping with the regulations of the Truman food program...
...hard times were falling on the A.F.L. Labor had been roundly defeated in the strikes after World War I, and the gay '20s were far from gay in the nation's labor temples. Membership was dwindling-by the depression year of 1933, it descended to a low of 2,126,796. Green, the man of peace, innocently set out to solve his problems by attempting to establish a liaison with industry, to sell organized labor as a sort of super employment agency which would do away with strikes and friction...
...Digest Editor DeWitt Wallace soon learned that in other countries the low standard of living put the price (25?) out of reach of mass buyers...
...Wall Street's 1,200-odd market advisers had urged their clients five months ago to "buy Kaiser-Frazer stock and double your money," he would have been hooted at. On the New York Curb Exchange, where the stock steadily dropped from its $20.25 offering price to a low of 5 last May, it was considered shrewd to be "short" on Kaiser-Frazer, i.e., to bet it would go lower...
...last week, anybody who had bought K-F stock at its May low, and kept it, had more than doubled his money; the stock had climbed steadily to the year's high of 11¾. The reason: since July, Henry Kaiser, Joseph Frazer and associates, while publishing no figures, had quietly spread the word that K-F was making money hand over fist. Their unofficial story: during the first five months of 1947, the company lost $1.4 million (on top of 1946's loss of $19.3 million), but in June, the company got in the black...