Word: pounds
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Dates: during 1950-1959
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...government's tight controls over foreign exchange transactions. A Treasury bulletin announced that henceforth private traders will be allowed to buy & sell foreign currencies in the open market instead of through the state-owned Bank of England. This does not mean that Britain is about to set the pound sterling free to find its own level in world markets, as the U.S. has long urged. The official price of a pound sterling will stay pegged at $2.80. But private banks will now be able to haggle for dollars, yen and kroner on their own terms, getting the best price...
...order to insure maximum safety in the future, the University decided to install fire escapes. Exact dimensions of the stairways sparked off a controversy, which was finally put in the practical hands of the workmen. They settled the issue by measuring the 200-pound female custodian of chemical supplies, and building the escapes...
...music, tiny, red-haired Janet Reed led her cohorts through a lithe trance that almost stopped the show. By the time Jerome Robbins himself danced on with Tanaquil LeClercq to join in some hilarious, supine calisthenics, the audience was having trouble deciding whether to hold its sides or pound its palms. It wound up at the curtain alternately doing both. Brilliant Choreographer Robbins had clearly brought the New York City Ballet a smashing...
...turnabout in rubber is the result of increased synthetic production and lower prices on crude rubber. When the Korean war sent the price of natural rubber skyrocketing from 43? to 80? a pound in Singapore, Jess Larson's General Services Administration took over all rubber importing. It beat down prices (47? last week) by restricting buying, put government-owned synthetic plants back in production, stepped up output to more than 760,000 tons for 1951, a rise of 87% in the past two years. With controls lifted, tiremakers last week confidently announced that they would soon be able...
...opening match at 123, Eddie Bursk was pinned at 4:15 with a body press. Bud Adams at 130 threw his opponent in the second round, but Frank Dewar at 137 was pinned. Icko Iben won a 9 to 4 decision in the 147-pound class, and Chick Chandler lost by the same score...