Word: lipton
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...biggest investments are in food, tobacco and beverages. The lion's share of the foreign investment in the U.S. is British. The British have increased their holdings from $1 billion to $2.5 billion since 1950, mainly by increased investment in such companies as Brown & Williamson Tobacco, Thomas J. Lipton, Lever Brothers, Bowater paper and Shell Oil. Canadians run second with a $2 billion U.S. investment, mostly in railroads, insurance, liquor and farm machinery...
...auld mug," Sir Thomas Lipton lovingly called it, and the merry Glasgow tea baron tried five times to win it with his majestic Shamrocks, only to fail and die, finally disheartened ("I willna challenge again. I canna...
Compulsive Gamble. Like Lipton and Sopwith, Australia's Sir Frank Packer is a tough, determined competitor. Asked why he had challenged for the cup, Packer replied: "Alcohol and delusions of grandeur." Lusty and lantern-jawed, a onetime prizefighter and lifelong yachtsman, Packer is known at home as a ruthless, tight-fisted publisher who once laced out a reporter for spending 6/ of his boss's money on a tram ride to an assignment-Packer told him to walk. Employees on his five newspapers (among them: the Sydney Daily Telegraph and Sunday Telegraph), three magazines and two TV stations...
...what they were buying into. And to the ordinary investor Unilever presents an even hazier image. Few U.S. housewives realize that they are fattening Unilever's coffers when they bring home Lux, Lifebuoy. Handy Andy, Rinso or Surf soaps, Imperial or Good Luck margarines, Spry shortening, Pepsodent toothpaste, Lipton's tea and soups, or Wishbone salad dressing...
WHEN venerable Thomas J. Lipton Inc. of tea fame bought the Good Humor Corp. (for $8,200,000), it acquired two typically American products : ice cream on a stick and Good Humor President David J. Mahoney, 37. Lipton plans to expand Good Humor into more hot-weather cities, may add cookies and other child-appealing products to its line. An Army captain at 22 and the $25,000-a-year vice president of an ad firm at 26, Mahoney took over Good Humor in 1956, is one of the nation's most aggressive marketing...