Word: pars
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Dates: during 1950-1959
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...president of Colby in 1929, the old grey college campus was down in the center of town, hemmed in by railroad tracks and factories, choked by smoke. With hardly an extra penny in the bank, Johnson persuaded the trustees that the only way to keep the college up to par was to pull up stakes and move...
...National Open Golf Champion Julius Boros, the 18-hole playoff of the $90,000 "World" golf tournament, with a score of 68 to beat out Runner-Up Gary Middlecoff, who carded a 70, after both pros had wound up in a 72-hole tie, each with a 12-under-par total of 276; at Chicago's Tam O'Shanter Country Club. To Winner Boros went the biggest prize in golf history: $25,000. Other 72-hole leaders: Jim Ferrier and Roberto de Vicenzo, 277; Sam Snead and Dave Douglas, 279; Henry Ransom and Lew Worsham...
...Shortly after, Adolf Hitler repudiated the whole debt; he charged that it was caused by reparations and was one of the injustices of the Versailles Treaty.* As the market value of German bonds tumbled, Hitler's agents quietly bought up blocks of them at fractions of their par value, stored them away in Berlin. When World War II broke, the U.S. suspended trading in German bonds for fear Hitler would somehow slip his uncanceled bonds back into the U.S. stock market, thus raise cash. Allied bombs destroyed many of the bonds held in Berlin, and Russian looters took what...
After the agreement is formally approved by the Bonn and interested governments, trading in the bonds will be resumed on the world's exchanges. When last traded in the U.S., the Young 5½% had fallen to $2.50 (par value: $100). But on Swiss markets, where trading never stopped, the Young bonds last week climbed...
...newsy, well-written publication which manages to cover developments inside the church without neglecting issues of broader Christian interest, e.g., the Point Four program, the problems of church-state relationships, the persecution of Protestants in Colombia. Until two years ago, however, circulation hung around the 80,000 mark, about par for a religious paper in the U.S. but scarcely what its founders had hoped...