Word: co
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Dates: during 1960-1969
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Peru seems headed toward a major diplomatic showdown with the U.S. that could produce serious repercussions throughout South America. It is a highly paradoxical crisis that neither side really wants-or can avoid. The dispute centers on a Standard Oil of New Jersey subsidiary, International Petroleum Co., whose Peruvian oilfields and refinery were seized last October by the country's new military regime, headed by General Juan Velasco Alvarado. The pretext: that I.P.C. years ago had illegally acquired its oil concession in Peru...
...expanded his father's grocery into a chain of 30 stores, which he sold in the early 1950s to get capital for investment in many other business ventures. Today he owns a food-importing company and a real estate firm in Boston, in addition to Atlantic Maritime Enterprises Co., which operates ten oil tankers that fly the Greek and Liberian flags...
...Pappas is in the midst of launching new Greek projects worth more than $75 million, including vegetable canning and Coca-Cola bottling plants. Last week Pappas and Chicago's Armour and Co. jointly proposed to the government an ambitious cattle-raising venture that would eventually make Greece self-sufficient in meat. He aims to import 75,000 head of cattle and set up plants for processing meat and producing powdered milk, butter and cheese...
...When I first started, nobody listened," says Kenneth Ward, senior vice president of Hay den, Stone & Co., a Manhattan-based brokerage house. That was 37 years ago, when Ward was one of a hardy but much heckled band of analysts who presumed to forecast stock prices merely by reading lines on charts. Ward can hardly complain of the following that has since been won by Wall Street's chart-oriented technicians. Practically every house and mutual fund has one or more chartists in its research department, and thou sands of individual subscribers pay any where from...
Masked Men. Decals on doors warning of cameras are ineffective, says Ronald A. Swanson, vice president of California's First Western Bank and Trust Co., because "amateurs just don't know enough to recognize a deterrent." Even if they do, today's bank robbers are far more sophisticated than Bonnie and Clyde. Although retired Boston Bank Robber Teddy Green cheerfully calls cameras "the best weapons the banks have," bankers complain that robbers are too often disguised with ski masks, wigs, dark glasses or turned-up turtleneck sweaters. Officers are also loath to adopt extreme precautions. One that...