Word: lows
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Dates: during 1950-1959
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...time consumed was not surprising. Only eight years away from feudal tyranny, craggy Nepal is a hodgepodge of Newars, Magars, Limbu, Murmi and Brahmans, sorely lacks paved roads and modern communications. Literacy is so low (6%) that parties were identified on the ballot boxes by pictures. The whole idea of an election, in fact, is so foreign to Nepalese that they have no word for "vote," were obliged to borrow the English...
...small, twin-engined plane had apparently been flying low, and investigators guessed that the distinguished passenger in the copilot's seat must have ordered the pilot to do so because he wanted to get a closer look at the coffee plantations he owned in the area. The plane never reached its destination. Two days later a search party found its wreckage-and with it the body of the distinguished passenger: Barthélémy Boganda, 48, Premier of the Central African Republic...
...wife of Iran's Shah, paid a formal call on the proud old Roman family of the man whom the gossipists keep saying she will marry: handsome, unwealthy Prince Raimondo Orsini, 27. But Vatican and Iranian court circles frown on the romance, and Raimondo's low income seems no match for Soraya's high tastes. The betting of Romans in the know: no wedding...
...everybody is cautious," runs an old Wall Street adage, "the danger is about over." Last week there were signs that Wall Street investors were beginning to tread softly because of the worrisome speculative fervor of recent weeks. The New York Stock Exchange was so concerned at the rush for low-priced stocks that it asked members to discourage uninformed speculation. Brokers themselves started to boost house margin requirements on lists of volatile stocks. Others took to the newspapers with ads warning small stockholders not to try for quick killings. The effect was like a tonic on a market that...
...scientific or technical, it is not a venture capital firm in the sense that it sponsors new inventions. "We get in on the second stage," says Partner Clarence E. ("Dutch") Unterberg, "after the company has demonstrated some earnings. In the first stage the risks are too great." With its low overhead, Unterberg, Towbin can afford to spend time hunting for good small companies, and the partners manage very well on their underwriting profits. On Marquardt Aircraft they made...