Word: mobilize
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...Italy, 55% in Britain and 65% in West Germany. Such giants as Woolworth, Singer, Eastman Kodak and National Cash Register make a point of manning all their top posts with Europeans. More and more Europeans are being promoted to high commands in Jersey Standard, Corn Products, Socony Mobil and U.S. Rubber. What these companies have brought forth is an urbane and multilingual group of managers who combine European emotions with U.S. business methods- and make the most of both...
Three Texas businessmen have mounted him on an air-conditioned 2½-ton truck with white aluminum walls enclosing a swiveling barber chair and the usual complement of up-to-the-minute accoutrements, including a television set. Mobil Barber Shop is what they call it, and the original idea, launched last week in San Antonio after a survey of housewives, was to specialize in children - thereby saving mothers the chore and possible embarrassment of escorting them to that last bastion of masculinity, once known as the tonsorial parlor...
...Coolidge '17, Senior Fellow of Harvard College will retire effective July 1. William L. Marbury, who has been a Fellow since 1947, will succeed him as Senior Fellow, and the vacancy on the Corporation will be filled by Albert L. Nickerson '33, chairman of the board of the Socony Mobil Oil Corp...
...largest contract, for 80% of the field, went to a syndicate made up of Humble, Shell, Mobil, Texaco and Union Oil, which will pay a 95.56% royalty. Pauley Petroleum got 10% with a bid of 98.277%, and Richfield and Standard of California together scooped off the remaining 10%, including one sector on which they will turn back an unprecedented 100%. The oil companies, which normally pay royalties that range around 50% on the crude that they pump from the ground, will make the money to offset the high royalty payments through profits on the sale of refined products. They will...
...decision also indicated broad confidence in the economy, and many other companies shared its mood. In January, 203 corporations raised their dividends v. 183 a year earlier, according to Standard & Poor's. Among them: Union Carbide, Socony Mobil, Lockheed Aircraft, International Harvester, Coca-Cola, Allied Chemical, American & Foreign Power and Lukens Steel. General Dynamics, which has not paid a dividend in 44 months, last week announced that it will resume quarterly 250 payments...