Word: blockson
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...Sealantic Fund (John D. Rockefeller Jr.) for its theology faculty, and $4,324,200 from the Ford Foundation's great gift to U.S. colleges (TIME, Dec. 26), the University of Chicago received an estimated $15 million plus from the will of the late Louis Block, Joliet (Ill.) industrialist (Blockson Chemical Co.). The bequest is to establish the "Louis Block fund for basic research and advanced study" in the physical and biological sciences...
OLIN MATHIESON CHEMICAL Corp., fifth biggest in the U.S. (1954 sales: $450 million), will soon get into the sodium phosphate (used in detergents) field if a merger deal works out. Olin is dickering to take over phosphatemaker Blockson Chemical Co. (1954 sales: $29 million), possibly by acquiring a controlling interest in 1,000,000 shares (of a total 1,500,000 outstanding) of Blockson stock owned by President Louis Block and his family...
...Belgian Congo and Canada) by imports from Australia and South Africa. ¶ Domestically, the AEC has developed uranium mines on the Colorado Plateau (where it is building 783 miles of new roads), has found good prospects in the Black Hills of South Dakota. ¶ In Joliet, Ill., the Blockson Chemical Co. will soon begin full-scale production of uranium from a new source, phosphoric acid. ¶ Barely started on its new $3.5 billion expansion program, the AEC already employs about 3% of the total construction force of the nation...
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