Word: propped
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Dates: during 1950-1959
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...them are still betting on a drop. Last week the New York Stock Exchange announced that the short position by Sept. 15 had declined only 158,807 shares to 5,646,414 shares, still one of the biggest totals in history. While a big short position is usually a prop under the market because it ensures buying to cover at lower levels, Wall Streeters point out that this may no longer be true. Many investors are now protecting profits by short sales,* plan to deliver later stock that they already...
Hatless and prop-washed, John Foster Dulles stooped under the spinning rotor blades of the Marine helicopter that set him down on tiny Coaster's Harbor Island in Narragansett Bay one morning last week. Rested from a recent vacation week, he made his way up the lawn into the headquarters building of Newport Naval Base and into President Eisenhower's vacation office. The Secretary of State drew a chair up to the left of the President's desk, reported that he had finished drafting the statement that they had been planning by phone for three days...
...younger men. Corruption, cynicism and maladministration have dulled the nation's spirit. India still produces more babies than it does food to feed them. (Its population increases at the rate of about 5,000,000 a year, nullifying all gains in agricultural productivity.) Money that could help prop the economy goes into the military budget in fear of a possible war with Pakistan over Kashmir...
...such people, Mao has to cinch the Marxist straitjacket tighter. He is less free to adopt the Russians' confident approach that "peaceful competition" will lead to ultimate Communist triumph. In the classic fashion of young dictatorships, Red China must rely on "the threat from abroad" as a prop to internal discipline...
...incident could not have happened last week at Bayreuth, where Richard Wagner's grandson Wieland staged a Lohengrin so abstract that the swan was merely a sketchily suggested stationary prop, while the hero made his exit on a descending elevator platform. Since 1951. Wieland Wagner, 41, alternating with his younger brother Wolfgang, 38, has been staging the most effective Wagner productions to be seen anywhere. (He has now redraped all the standard Wagner operas with the exception of The Flying Dutchman, which he will stage in 1960.) Last week's de-swanned Lohengrin was among the best...