Word: nine
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Dates: during 1950-1959
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...tested. It carried for the first time a wedge-shaped tactical nose cone capable of carrying a hydrogen-bomb warhead, and it was powered by three engines that burned simultaneously from the moment of ignition and generated more than 350,000 Ibs. of thrust. Atlas score, so far in nine launchings: three successful limited-range (600 miles plus) flights, six midair failures...
Like storybook pirates, East German Communists croaked happily over an unexpected treasure when seven U.S. Army artillery officers and two helicopter crewmen strayed off course last month and landed their whirlybird in Soviet-occupied territory. The East Germans, at Russia's prodding, held the nine men prisoner and demanded a high ransom: diplomatic recognition of the East German satellite by the U.S. The U.S. refused to deal, negotiated patiently but fruitlessly at the military level. Finally, the U.S. empowered the American Red Cross to step into the case. Last week, after a month of negotiation with the Communists...
East Germans $1,748 to cover room and board for the nine Americans. Clearly defeated in their attempt at the higher blackmail, the Communists nevertheless regaled each other with the idiocy that the U.S. had implied recognition by the mere fact that a settlement had been made. If they seriously believed this, they had made themselves the most laughable buccaneers since Gilbert & Sullivan's Pirates of Penzance...
...Street. The Tishman firm was started in 1898 by Norman Tishman's father Julius, an immigrant peddler who turned to real estate to get money to educate his children. Julius Tishman built small tenements in downtown Manhattan until 1910. Then he decided, against all advice, to erect a nine-story luxury apartment on Manhattan's West 93rd Street, despite a tradition that no well-to-do New Yorker would live above 86th Street. The building was profitable, and Julius Tishman made his fortune by continuing to build above 86th Street for the next ten years...
Three Generations. Norman Tishman took over as president after World War II (the company now has nine Tishmans ranging through three generations), devised a better way to finance his buildings. Irked by the necessity of tying up millions of dollars of company capital in buildings, he worked out a sale-leaseback plan. Under this system, Tishman sells a new building outright to a corporation (usually an insurance firm), leases it back at about 7% a year and operates it. The company can not only use its capital for other projects, but also gets a tax break. Its lease payments...