Word: co
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Dates: during 1950-1959
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...leading it -he may be running for his life. Iraq's ruling General Karim Kassem is in the familiar situation; his army, which alone can overawe the mob, is an uncertain weapon. Kassem has already clapped in jail Colonel Abdul Salam Mohammed Aref, his co-conspirator in the four-month-old revolt, as well as a dozen other suspect army officers. Kassem has also tried to placate the mob by alloting free seeds to farmers, and promising land reforms...
...year to import the rest. Frondizi saw only one solution. Risking the wrath of nationalistic Peronistas (and nationalists in his own Radical Party), he negotiated $1 billion worth of development contracts with foreign oil companies, mostly from the U.S. (TIME, Aug. 4). Signed up were Pan American International Oil Co., Union Oil Co., Lane-Wells Co. and Carl M. Loeb, Rhoades & Co...
...president of sprawling W. R. Grace & Co., which is the No. 1 banker, shipping line, manufacturer and trader on South America's West Coast, last week turned his businessman's brain and long Latin American experience to the worrisome problem of U.S.-Latin American relations, suggested some concrete ways to improve them. Speaking to alumni of the University of Pennsylvania's Wharton School of Finance and Commerce, Joseph Peter Grace Jr.. 45, noted the hemisphere's close ties, both economic ("It is the area where we have the largest direct private investment abroad-almost...
Ford Motor Co. scheduled a 6% rise for this week over last. Ford also started production of its new Galaxie (TIME, July 28), dreamed up last spring after Ford got a worried look at smuggled sketches of the 1959 Chevrolet. Rushed into production to compete with the Chevrolet Impala, the Galaxie series of six models has an elongated Thunderbird roof set on a Fairlane 500 body, lists at $2,303 to $2,591. Sight unseen, Ford's new car has already drawn 65,000 orders from dealers...
...Demand is feeding on success," said Lucien O. Hooper of Wall Street's W. E. Hutton & Co. It seemed an understatement indeed in a week when the stock market again surged to new highs, but it was the best explanation Wall Street had to offer for what has become the most spectacular phenomenon of the 1958 business recovery. On all but one day last week, stocks climbed to new records, closed the week at 564.68 on the Dow-Jones industrial average, up 10.42 for the week to an alltime record.* The Dow-Jones industrial average, most volatile...