Word: corpe
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Dates: during 1950-1959
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Taking heart from the decision, other consumers began to protest. Two subsidiaries of California's Pacific Lighting Corp. objected to a $10,000,000 yearly rate increase proposed by El Paso Natural Gas Co., urged the FPC to refuse it on grounds of the appeals court decision...
...will toward investors. On Graham's part, there had been nothing but good will and hard work since last summer. Fervently talking up his dream back in the U.S., Graham collected $250,000 from fascinated' investors ranging all the way from the Rockefellers' International Basic Economy Corp. ($25,000) to an oil worker who offered $5,000 in $100 monthly installments and formed Private Enterprises...
...POLAROID CORP. is perfecting color film that develops in one minute inside its Polaroid Land camera. Though rumors of such a film sent stock scooting from 32⅛ to high of 53¼ in past month, company will not be ready to put film on market for year or more...
COPPER CUTBACKS are planned by Kennecott Copper Corp., No. 1 U.S. producer, to boost prices that have slumped to 27?Ib. from 54¼ last year. Kennecott will trim domestic output 12%, or 3,800 tons a month, by slowing operations in Utah, New Mexico, Nevada. Move follows 3,500 tons a month cutback by Phelps Dodge Corp., 3,000 tons a month by Anaconda...
PENN-TEXAS CORP. will slice its sales volume almost 50% by shucking subsidiaries to raise cash for its bills. Penn-Texas sold Hallicrafters Co. (which brought in $30 million yearly in sales) and Industrial Brownhoist Corp. (sales: $14 million). Now Penn-Texas' President Leopold Silberstein is dickering to sell its 51% interest in Tex-Penn Oil & Gas Corp., Liberty Aircraft Products Co. and Quick-Way Truck Shovel...