Word: lows
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Dates: during 1940-1949
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Dilworth, who heretofore had done no more than dabble in politics as a Democratic speechmaker in presidential campaigns, got the mayoralty nomination largely because none of the Democratic regulars were anxious for the job. The party's fortunes were at a low ebb. In 1946, the Philadelphia organization had lost all six of the city's congressional seats. It had little hope, less money and no newspaper support. Even labor was cool...
...This low-cost luxury flowed from no horn of plenty. It resulted from an Alice-in-Wonderland exchange situation. The official exchange rate is 6.5 Peruvian soles for one U.S. dollar. But because there are not enough dollars at this rate to meet the need, the visitor can sell his travelers' checks on the free market (which is not illegal) for anywhere from 10 to 20 soles...
...more good news for stockholders. Its cash on hand, which had reportedly fallen dangerously low last winter, was now up to $18 million, with another $5 million in Government bonds...
...Rates. Earnings of stockbrokers have dropped so low that the Board of Governors of the New York Stock Exchange voted, subject to ratification by the members, to raise commissions. The new plan would levy commissions on the dollar value of customers' transactions rather than on the number of shares. The Exchange hoped the new rates would increase brokers' earnings...
Friday afternoon also saw the Crimson cross country unit go down to defeat, Harvard 39-Dartmouth 31 (low score winning), while the Freshman harriers were outdistancing the Big Green and Tufts in a triangular meet, 24 to 49 (Tufts) to 61 (Dartmouth...