Word: walls
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Dates: during 1950-1959
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...island, and with unionization and rising wages, the tax-exemption law, which expires at the end of 1963, is left as the main incentive. But in a single week recently, U.S. investors were in Puerto Rico to study prospects in plastic webbing, dresses, sportswear, tourist hotels, motorboat trailers, wall tiles, plastic toys, scientific apparatus, shoe machinery and cookies...
...first quarter of 1958, after-tax profits of manufacturing corporations tumbled 40.7% compared to first quarter 1957. Nondurable producers were off 32.1%, while durable-goods producers fell 46.1%, with primary metals and metal products (down 54%) and auto companies (down 52.2%) taking the worst licking. Yet once again Wall Street was busy looking ahead instead of backwards. With steady rises in most important groups, the stock market climbed another 5.17 points on the Dow-Jones industrial average to new high ground for the year at 474.77, just a little better than midway between the boom-time high and the recession...
What the experts are coming to realize is that there is still a tremendous amount of money around for investment. They are also growing aware of the fact that Wall Street's stock market, which took the bad news with considerable equanimity, is quick to rise on receipt of good news from U.S. business...
Married. John Hersey, 43, author (A Bell for Adano, Hiroshima, The Wall), campaign speech writer for Adlai Stevenson, World War II TIME-LIFE foreign correspondent; and Mrs. Barbara Day Addams Kaufman, 37, first wife of The New Yorker's Cartoonist Charles (Monster Rally, Home Bodies) Addams; he for the second time, she for the third; in Fairfield, Conn...
This Angry Age. A strong but uneven picture, derived from The Sea Wall, a memorable novel about French pioneers in Indo-China; with Anthony Perkins and Jo Van Fleet (TIME, June...