Word: cie
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...almost like the good old days. In an 18th century mansion on Paris' elegant Place Vendôme, Morgan & Cie., a name prestigious in French banking since the days of the Franco-Prussian War, last week reopened as an investment banking house. The reappearance of Morgan & Cie.,* complete with tellers' cages of gilded wrought iron, will remind a privileged minority of middle-aged Americans of the prewar years when Morgan's in Paris not only tended its clients' investments, but held their mail, minded their children, and saw their maids and steamer trunks safely into...
Died. Charles Schneider, 62, head since 1942 of Schneider et Cie, big French holding company (more than $300 million in assets), whose family has been one of Europe's top steel and heavy-equipment manufacturers for four generations; of a heart attack; in Saint-Tropez, France...
...world bank, the first of its kind, named the Transoceanic Development Corp., Ltd. Sponsored by Kuhn, Loeb, First Boston Corp., and London's S. G. Warburg, the corporation has 27 participating firms famed in the banking world. Among them: Credit Suisse, David and Laurance Rockefeller, Sal Oppenheim Jr. & Cie. (Cologne), N. M. Rothschild & Sons (London), Deutsche Bank Group (Frankfurt), Amsterdamsche Bank (Holland). The bank's purpose is to buy equity shares in foreign enterprises and furnish risk capital to businesses in countries other than the U.S. and Canada...
...discovery of the yarn was a fluke. During World War II Switzerland's Heberlein and Co., and France's Billion et Cie. were trying to find a way to make ersatz wool. They failed to do so, but in the process made a nylon yarn that would stretch. In the Heberlein method, fibers are twisted, and the twist is set by heat, a sort of permanent-wave process. Then the fibers are broken down into single filaments, and those with a right-hand twist are plaited with others with a left-hand twist. The result is a soft...
...well as for Drene, Shasta, Teel and other cleansers), had an occasion for considering the Dreft slogan. It was accused of having its closets full of dirty linen. In a Manhattan grand jury indictment, the Government charged that 1) the company was a front for the German soapmakers, Henkel & Cie.; 2) Hyalsol had dodged $500,000 in taxes. It was, trumpeted antitrust lawyers, "one of the largest and most cleverly operated frauds against the Government ever uncovered...