Word: holderness
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...merger would be a marriage of convenience. Union has ample crude oil to supply Pure's outlets in 24 Mid west and Southern states. The deal would also broaden Union's marketing outside of the highly competitive West Coast area. One important Union stock holder, however, is not impressed. Ship ping Magnate Daniel K. Ludwig, who in 1963 bought 14% of Union stock as a long-term investment, argued that the merger would dilute stock values. He prepared to sell his 4,100,000 shares back to the company for $146 million. The sale will be the largest...
Beyond Belief. When a pro aces, it's kind of ho-hum. The world-record holder of holes in one, Art Wall has 35 aces to his credit after 16 years on the tour-and has yet to make a dime out of any of them. "I don't even talk about it," he says morosely. Neither does Jerry Krueger, a California pro, who got his fourth in last week's Bob Hope Desert Classic. The trouble was that he shot it on the seventh hole in the third round. The Chrysler people were offering a convertible...
Missing from the House last week were two familiar figures, both former Foreign Secretaries. Richard Austen ("Rab") Butler, 62, holder of six Cabinet posts in Tory governments and rejected aspirant for the prime ministership when Harold Macmillan resigned, announced that he was leaving his front-bench seat to accept a life peerage and become Master of Cambridge's Trinity College. The Labor Party's Patrick Gordon Walker, disappointed loser in last month's by-election at Leyton, announced that he had also accepted a position in the academic world-as adviser to the Initial Teach ing Alphabet...
...allowance that each legislator draws "in lieu of" expense funds, in addition to his $10,000 annual salary. A double lulu presumably would be $2,000. But a committee chairmanship had also been offered, Wagner said, and as every New York legislator knows, some chairmanships entitle the holder to extra lulus. In this case, according to Wagner, the double lulu amounted...
Hermon Weed Stevens '87 died Wednesday in Arlington at the age of 101. He was the second oldest living degree holder among Harvard alumni...