Word: ltd
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Dates: during 1940-1949
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...salesmen in the U.S. found that business boomed as soon as prices were cut. Britain's Drake America Corp. slashed men's Argyle socks 22%, cashmere sweaters 20%, and most other goods accordingly. In two days, it booked $1,250,000 worth of orders. Austin Motors Co. Ltd., which had slashed its prices from 11 to 15%, sold out its entire U.S. stock of 1,000 cars in the first two days after devaluation, promptly ordered 500 more. But such price cuts seemed likely to last only in those British goods, such as autos, which the British were...
Last week, at 70, Juan March (rhymes with park) staged one of the most audacious strokes of his audacious career. He snatched Spain's biggest public utility, the $250 million Ebro Irrigation & Power Co., Ltd., away from an international electrical combine run by a U.S. businessman and partly financed by U.S. and British investors...
...principal source of electricity for Spain's chief industrial region, the whole of Catalonia and the Ebro valley where the Spanish Loyalists made one of their last great stands. Since 1910, Ebro had dutifully paid out profits to its owner, the Canadian-incorporated Barcelona Traction, Light & Power Co., Ltd., a subsidiary of SIDRO, in turn a subsidiary of Dannie Heineman's Sofina...
...With major holdings in some 50 U.S. and foreign power companies, the more important of which include: Campañia Argentina de Electricidad (CADE), which operates light & power plants in the Buenos Aires area; Mexican Light & Power, Ltd.; Belgium's Société d'Electricite de Rosario; Portugal's Compagnies Réunies Gaz et Electricité; and, in the U.S., the Public Service of of Indiana, Inc. and Central Illinois Public Service...
...million to help develop gold mines in Africa, they picked Arthur Storke, 54, a mining man with an African background. Storke had trotted the globe and risen to the presidency of Climax Molybdenum Corp. He was an operating director of South Africa's Roan Antelope Copper Mines, Ltd., and of Rhodesian Selection Trust, Ltd.; during World War II, as minerals adviser to Britain's Ministry of Supply, he expedited mining operations in South Africa...