Word: ltd
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...seven shares of Capital common, plus an option to purchase an additional i^ shares of United common at $40 per share within the next five years. All in all, since Capital seemed to be jet-propelled towards bankruptcy over its $33.8 million debt to Britain's Vickers-Armstrong Ltd. (TIME, April 25), the terms seemed generous. Said Pat Patterson: "I suppose we could have done better, but I didn't want to leave a trail of blood behind...
...facing ruin," said a major South African exporter of peanut oil, as the ban on his products threatened to spread from the West Indies to several Asian nations. In Europe, Sweden stopped buying South African fruit, and Lectrolite Products Ltd., big South African exporter of auto spare parts, fortnight ago advised the government export-promotion board that its products are now taboo in nine nations. Three weeks ago the delegates to the conference of African independent states at Addis Ababa voted unanimously to urge all emerging black governments to ban South African goods. The Nigerian government has already served notice...
...chief economic brain, Ernesto ("Che") Guevara, Fidel Castro last week turned to Russia for the oil to run Cuba. In doing so, he seized a $20 million Texaco refinery and a $35 million Jersey Standard (Esso) refinery, both U.S.-owned, and a $20 million refinery of Canadian Shell, Ltd...
Elegant & Expensive. Some of the merchandise is elegant and expensive. London Silversmith Gerald Benney, designer of the ciborium for Coventry's new cathedral, offers a squat, modern tea service for $1,080. Harry Hall Ltd., outfitters for sportsmen, has the latest foxhunting outfit for men, including riding whip, for $163. But many items are both stylish and moderately priced. For example, Wedgwood sells a five-piece setting of bone china...
...Standard to take over the new company. By his skill and daring in finding oil markets, Deterding built Royal Dutch into an integrated operation, invaded country after country in a battle with Jersey Standard. To gain strength, he merged in 1907 with Britain's Shell Transport & Trading Co., Ltd., headed by a Londoner named Marcus Samuel, who had switched from importing to the promising field of oil. The two companies kept their separate identities, but adopted for their common symbol the polished sea shell that Samuel had used as his trademark when he was importing shells to grace...