Word: tough
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Dates: during 1950-1959
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...worth of new bonds scheduled for offering within the next three weeks. The market was so saturated that Standard Oil of California decided to withdraw a planned $150 million offering because the underwriters' suggested price was too high. A $20 million issue by Pacific Power & Light Co. was tough to sell even with a yield of 4.35%. Moreover, when two syndicates that had been supporting the AA-rated issues of Illinois Power Co. and Niagara Mohawk Power Corp. withdrew their support, the bonds immediately dropped a point or two, and still had trouble finding buyers. Halsey, Stuart & Co., with...
...vain man who suffered a $120,000 statue of himself to be erected in front of Accra's Parliament House, Nkrumah shocked his British Laborite boosters by cracking down hard on the opposition, led by scholarly Sociologist Kofi Busia of University College. He deported his critics, sent his tough-talking Minister of the Interior, Krobo Edusei, stumping about the country, threatening to "deport aliens and detain without court trial" Ghanaians who opposed the government. But of all Nkrumah's battles, none has been fought more doggedly than the one against the traditional powers of Ghana's tribal...
...society is a man-eat-man thing on every possible level," says Writer Rod Serling, 33, and his tough, uncompromising television plays (Patterns, Requiem for a Heavyweight, The Comedian) reflect this belief. So does his professional life. He has contended with networks, ad agencies and sponsors over what he could say, scrapped with directors over how to say it, become TV's most outspoken authority on the devious ways of television censorship. But short (5 ft. 5 in.) Author Serling is more in demand than any other playwright in the TV business, was recently corralled...
...priced furniture. Kroehler recently brought out a medium-priced line (see cut) that follows the new trend of matching pieces for all rooms, and it is selling well. With it, a family can furnish a two-bedroom house for less than $2,000. Furniture men will have an increasingly tough time trying to sell cheap but poorly made or cheap but flashy furniture, known in the trade as "Borax." Said Indianapolis Retailer Harry Schacter, co-chairman of the new council: "Manufacturers and retailers who stay with Borax will go down the drain. The taste level of Americans is being raised...
Help for Heels. Tough vinyl caps designed to protect lifts of women's shoes from wear and keep heels from splitting are being marketed by Liftsavers, Inc. of New York City. The caps slip easily over the heels, need no nailing or cementing, come in seven sizes and four colors. Price: 39? a pair...