Word: rising
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Dates: during 1940-1949
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...policymaker, he has been in ticklish spots before, has never distinguished himself but has kept out of trouble. He was in Belgrade when the Germans strode in. While he did not spot in advance the rise of Marshal Tito, he had the sagacity to back youthful King Peter in the uprising against the discredited regent, Prince Paul. Before and after Belgrade, he represented the U.S. in South America (Nicaragua, Costa Rica, etc.). He speaks Spanish and French, no Polish...
...reason is that despite cutbacks and decline in production indexes, trade has been excellent in June. Latest estimates show no rise in unemployment and no great increase on unemployment insurance rolls...
Under Federated's plan, 14 top executives would get options to buy 125,000 shares of Federated stock over a period of five years at approximately the market price. They would pay for it in installments spread over 15 years, thus profit on any rise in price during that time if they decided to sell...
...college library, got his A.B. and his law degree with marks that brought him many a scholastic honor (college average: 96.7; law school average: 98.5). He played basketball, captained the baseball team. (Today he is still as familiar with Big League batting averages as with the rise in the cost of living...
Lesson for Pan Am. Actually, the rise in stocks, notably those of the airlines & aircraft builders, caught many an expert flatfooted. For example, when Pan American Airways Corp. planned new stock issues last December, it thought it safer and cheaper to make a deal with Floyd Odium's Atlas Corp. to buy any unsold stock, up to $25,000.000. For its financing, Atlas received an option on 500,000 shares of Pan Am at $18 (TIME, Dec. 18). Last week, Pan Am canceled the deal. Reason: Pan Am's stock was up to 28, higher than even...