Word: co
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Dates: during 1950-1959
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Last week Banker Black opened the moneybags for a still bigger loan to India: $75 million (at 4½%) for a huge, new steel mill to be built by Kaiser Industries for Tata Iron & Steel Co. The plant will eventually increase India's steel output by 45% to 2,000,000 tons annually. This week another new loan-$200 million to Chile-was approved, in Banker Black's biggest deal to date. With the money, Chile will launch an eight-year agricultural development plan to buy farm equipment, build new roads and start modern agricultural schools, thus make...
...check. A tall (6 ft. 2 in.), setter-slim (160 Ibs.), amiable Southerner, whose high-domed head is as bare of top hair as the globe itself, he floats effortlessly through the stratosphere of world finance. He is an elegant dresser (Homburg from London's James Lock & Co., suits from Savile Row's Henry Poole), an amusing storyteller, a man of omnivorous tastes, who sums up his chief delights (besides Shakespeare) as "the four Bs-banking, baseball, Balzac and bourbon." As he makes his rounds, he speaks in an irretrievable Southern drawl, mixes so well that he charms...
FIRST ATOMIC-POWER reactor under President Eisenhower's atoms-for-peace plan has been ordered from Baltimore's Glenn L. Martin Co. by the Dominican Republic. The deal, contingent on a bilateral agreement between the U.S. and General Trujillo, will boost power-hungry Ciudad Trujillo's electrical output...
SOUTHERN PAPER BOOM is luring Hudson Pulp & Paper Corp. into newsprint production in Florida. The New York kraft maker will build a $25 million plant, has already started negotiation with Southern publishers for sale of its 120,000-ton annual output. Bowater Paper Corp. and International Paper Co., the South's biggest papermakers, also are expanding newsprint production...
...Bellanca, then a corporate shell which had some aircraft-parts contracts. Thus, he got a listing on the American Stock Exchange, and a ready market for stock. Albert promptly bought or traded into major interests in a grab bag of some 70 companies, including control of Waltham Watch Co. and Pierce Governor, of which he became chairman...