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Cargill's semisecret operation is fairly typical of most big grain dealers. The company's headquarters, tucked away in a secluded suburban woodland, is a replica of a French chateau. From there, company officials supervise an empire that last year generated $3.2 billion in sales and $38 million in profits. Cargill has more than 12,000 employees in 350 offices, mammoth grain terminals and storage elevators around the world. To move its grain, the company owns one of the nation's largest fleets of towboats and river barges, and regularly rents a 115-car freight train...

Author: /time Magazine | Title: COMMODITIES: The Heirs of Joseph | 10/9/1972 | See Source »

...information. Banks of ever-chattering telex machines pump a daily flood of intelligence, some in intricate code, into Cargill's headquarters: a competitor's wheat bid in Latin America, weather conditions in Australia, political jockeying in the Middle East, rumored tax increases in Japan. In the chateau's former living room, a dozen or so executives scan an electronic quote board which tells them the price of soybeans in Chicago, wheat in Kansas City, rapeseed in Thunder Bay and oats in Winnipeg. On the basis of that information, Cargill executives decide what to buy, sell or hedge...

Author: /time Magazine | Title: COMMODITIES: The Heirs of Joseph | 10/9/1972 | See Source »

Security men almost outnumbered the guests at the Guy de Rothschild chateau outside Paris-and with good reason. A dazzle of diamonds winked and twinkled in all directions, from hair, hands, necks and bosoms. The Duchess of Windsor's were canary. Signora Gianni Agnelli's stones coruscated white, pink and green. But Elizabeth Taylor outshone everyone at the costume ball with the 69.4-carat, million-dollar "Burton Diamond" at her throat, and her black hair caught up in a net studded with 1,000 small diamonds and edged with 25 larger ones. Perhaps to relieve the monotony...

Author: /time Magazine | Title: People, Dec. 13, 1971 | 12/13/1971 | See Source »

...heads of state? What am I supposed to do-serve them bread and radishes?" Hardly. The affair was catered by Maxim's of Paris, which sent to Persepolis 165 chefs, wine stewards and waiters. Maxim's shopping list included 25,000 bottles of wine-including a Chateau Lafite-Rothschild, 1945, at $100 a bottle-that were sent to Iran a month early to rest. There were also 7,700 Ibs. of meat, 8,000 Ibs. of butter and cheese, and 1,000 pints of cream to feed the guests and their legions of attendants. The menu...

Author: /time Magazine | Title: The World: Iran: The Show of Shows | 10/25/1971 | See Source »

...account of the voyage was translated into more than 60 languages, sold more than 20 million cop ies. In 1955 he made an expedition to Easter Island, 2,350 miles west of Chile, and another bestseller, Aku-Aku, resulted. But then he bought a 13th century terra cotta chateau above the Ital ian Riviera and settled down to a comfortable life of sun-kissed scholarship. Had Thor Heyerdahl become adventurer emeritus? Not quite...

Author: /time Magazine | Title: Books: Wine-Dark Sails | 8/30/1971 | See Source »

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