Word: lows
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Dates: during 1950-1959
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...Egyptians blandly explained that they had accepted Smouha's definition of his Alexandria holdings as farm land-and listed it for expropriation at his own low tax valuation of $2,800,000. Egypt's $87 million for expropriated lands is already earmarked for other British claimants; furthermore, Smouha's solicitors were pressing a market-value claim of $30 million. Britain faced the prospect of having to pay for Nasser's single biggest expropriation of British landholdings out of its own resources. "Hoodwinked in a deal that had all the elements of the Middle East bazaar business...
...low-flying sports plane towed a banner above Miami last week to spread the news to any beach lounger looking for action: CASINOS REOPEN IN HAVANA...
...paid his tuition with a $200 scholarship, Krumb wrote later, "I would not have been a mining engineer." As things turned out, Columbia had good reason to congratulate itself on its openhandedness. Henry Krumb grew rich as an internationally famed mining consultant, and in particular as an authority on low-grade copper ore. He sought to repay his debt in many ways, served as a trustee from 1941-47, and gave some $550,000 over the years to the university...
...Bethlehem, Armco and Youngstown all ran higher. And with them went the market. By week's end, shares on the Dow-Jones industrial average had gained 14.24 points to reach a new peak: 602.21, and a level nearly 40% higher than the recession low of 16 months...
...fought by both company and community. Almost from the moment he took over in mid-1956, President Churchill, who made his mark as Studebaker's top research engineer, realized that the company's salvation lay in scrapping its big-car line for a single, easy-to-build, low-priced small car that did not have to compete on the Big Three's terms. In January 1958, Churchill gathered his top executives and put the question to them; at the end of the less than two hour meeting, the decision was made...