Word: coaling
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Dates: during 1960-1969
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...trapped between Venezuela's desire to raise prices and the U.S. Government's determination to keep them down. Oilmen argue that if prices go up, the major customers for Venezuelan fuel oil-mainly power utilities and other industries of the U.S. East Coast-will shift to coal or atomic energy. But, says Manuel Perez Guerrero, Venezuela's skeptical Minister of Mines: "That's something that the companies will have to prove." Anyway, the Venezuelans seem willing to sell less oil for more money. In the Organization of Petroleum Exporting Countries (OPEC), they have been leading...
...made a good mix. Tens of thousands of Spaniards from all walks of life have taken solace from Opus' sessions by reading more about God and the church, by simple communal association, and by studying the things that interest them-whether business administration, bullfighting, coal mining or early English literature. Opus Dei operates a sophisticated commerce school in Barcelona...
...greenskeeper from the Pennsylvania coal country find happiness in a world of luxury and high finance? Apparently not. "First of all," said Arnie at last week's Los Angeles Open, "I'm a golf professional. And secondly, I like...
...sure, many shares: those listed for sale represented only $9,000,000 of the total $143 million equity of Fried. Krupp Hüttenwerke A.G., a recently organized coal-and-steel subsidiary that forms only a fraction of the Krupp holdings. Each of the preferred shares issued at a par value of 100 German marks ($25) carried a guaranteed annual dividend of at least 10% for the next 10 years. With such a sweetener tagged on, the Krupp shares opened at $39.75 on the West German exchanges, and at week's end were selling...
...finance further expansion and diversification, Krupp has recently needed ready cash-and raised a quick $27 million by selling shares to several West German banks; they agreed not to sell their Krupp shares until the presently depressed market for German coal and steel stocks improves. Last week's public offering also symbolized a growing recognition that one-man, head-of-the-family control over the empire may end with Alfried Krupp himself. His son Arndt, 28, the heir apparent, one of the swiftest of Western Europe's jet set, does not have an intense interest in business affairs...