Word: nettings
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Dates: during 1950-1959
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Three months ago the gendarme net closed around the rugged slopes of Haft Kuh (Seven Mountains), where Dadshah and the remnants of his outlaws had gone to earth. Last week the police began the final assault on his mountain stronghold and carried the rampart in hand-to-hand fighting. Eight gendarmes died, but they accomplished their mission: Dadshah and another of his brothers were killed, and the rest of his band surrendered...
Largely because of the impetus Neil McElroy gave to research and development, about 70% of Procter & Gamble's income last year came from products that did not exist a dozen years before. Overall results of the McElroy regime: Procter & Gamble's net sales doubled, moving over the billion-a-year mark, and P. & G. twice won awards from the American Institute of Management as the best-run company...
...ground forces, was on his way to the President's reception when secret police arrested him. Grabbed at the same time was Colonel Jesús Maria Castro León, Air Force Vice Chief of Staff. An agent of the internal spy net, the Seguridad Nacional, posing as an air force officer, had tabbed Colonel Castro León as leader of the plotting airmen, and General Fuentes head army plotter. The arrests did not unduly alarm President Pérez Jiménez. At the reception, strutting and cocky because he had efficiently re-elected himself...
...chunk of money for Fox in the future.Fox plans to convert a large part of its wide-open, 284-acre West Los Angeles production lot into a "Century City" with more than a score of skyscrapers and apartment towers. The project would eventually cost $300 million, bring a net income of as much as $36 million a year...
...industry-and labor-a big new problem is the sudden wealth of unions. Since 1949, labor's net worth has quadrupled to $12 billion, and dues alone from nearly 18 million members are adding $592 million a year. Unions are now rich enough to own banks and insurance companies, finance housing and put millions in bonds and common stocks. The bulk of their worth is in welfare and pension funds. They now cover 75 million Americans and total about $51 billion. But management controls 90% of the funds, which are growing by $7 billion a year, mainly through...