Word: chaine
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Dates: during 1950-1959
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...edge. La Concha is aimed to please the crowd bored with Miami and scared of going to Havana because of the Cuban rebellion. The Puerto Rican government built the hotel for $6,000,000. leased it for two-thirds of the net to Associated Federal Hotels, a Southwestern chain (Phoenix's Westward Ho, San Antonio's Gunter), which spent another $1,200,000 on furnishings. (A similar deal for San Juan's Caribe Hilton, which has been a consistent moneymaker, will net the government about $1,500,000 this year...
Manhattan last week the Sheraton chain (48 hotels) contracted to operate a 450-room hotel that, at 18 stories, will become the island's tallest building. Also in construction or on blueprints: the 174-room Intercontinental in Ponce, the island's second city; the $15 million Imperial in San Juan; a pair of Hotel Corp. of America branches-one of 350 rooms in San Juan, another of 176 rooms in its suburb, Santurce...
...baboon's aorta touched off a chain reaction of feverish activity, extending over 8,000 miles from Texas...
...Christmas selling season started, retailers beamed last week at the prospect of record volume. The U.S. consumer, who has spent freely and faithfully all through the year's downs and ups, was opening his pocketbook as never before. Sales in the nation's chain stores scored the year's biggest gain in October, up 7.1% over October of 1957. For the first ten months, chain store sales topped the brisk 1957 pace...
Permitting Bethlehem and Youngstown to merge as a challenge to U.S. Steel, Weinfeld ruled, "offers an incipient threat of setting into motion a chain reaction of further mergers by the other but less powerful companies in the steel industry." Other companies could then ask to merge as a challenge to the "Big Two," thus bringing even greater concentration to "an industry already highly concentrated" and "heading in the direction of triopoly...