Word: corpe
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Dates: during 1950-1959
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Last January Lazard Freres & Co. and Chase International Investment Corp. sent a mission to Iran to set up a financial center to provide credits for investors. In southwestern Iran, the government authorized the U.S. Development and Resources Corp. founded by former TVA Chiefs David Lilienthal and Gordon Clapp, to work on plans for a $5 million dam, a 375,000-acre irrigation project, a sugar mill and refinery, Iran's first major electric transmission line, and a gas pipeline from the Agha Jari oilfield...
Last week two more U.S. companies-Ebasco Services Inc., a subsidiary of the engineering and construction firm of Electric Bond and Share Co., and the investment firm of Allen & Co.-announced that they were combining resources and talents in the Kerman Development Corp., to study the possible development of 50,000 promising square miles of Iran's mountainous south central area...
FIRST FLORIDA PIPELINE for natural gas will open within a year, serve 2,000,000 at first. The Houston Corp. of St. Petersburg is starting construction of the $161 million line, snaking 1,500 miles from Texas Gulf Coast to south of Miami...
HOWARD HUGHES will sell his 10.2% interest in Atlas Corp. (market value: about $7,700,000) by May 31, 1961, until then will deposit stock with neutral trust or bank. CAB forced sale because Hughes owns 78.2% of Trans World Airlines and Atlas controls Northeast Airlines, thus giving him the opportunity to control two airlines...
...importing that has helped depress domestic prices. Another point not lost on a Congress increasingly mindful of the problems of inflation: copper, at least, appears on the road to recovery by itself. Though copper stocks of 242,781 tons are still high, No. 1 producer Kennecott Copper Corp. brought its U.S. miners back to a six-day week, announced it was boosting production 15% due to "strong European demand" and the promise of a general pickup at home...