Word: montecatini
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ITALIAN OIL WELL has been brought in by Petrosud (privately owned by Italy's Montecatini and Gulf Oil Corp.) with oil at 2,200 ft. in the Abruzzi area 85 miles northeast of Rome, first find in the district. The new well is a big victory for private oilmen in their fight against Italy's state-owned A.G.I.P. (TIME, Nov. 29); the state company had previously explored the area for oil and failed to find a drop...
Died. John Arthur Dewar. 63, British sportsman and whisky distiller (Dewar's White Label); of a heart ailment; in Montecatini, Italy. Heir to a $5,000,000 fortune and a famous thoroughbred stable at 38, "Lucky" Dewar hit the headlines in 1931 when his horse Cameronian won the first two legs (the Two Thousand Guineas at Newmarket, the Epsom Derby) on Britain's Triple Crown, missed pulling off a rare coup when Cameronian ran a dismal last in the St. Leger...
...Sicily, half a dozen other companies are also active. Britain's Anglo-Iranian Oil Co. has already spent $500,000 on a test hole near Ragusa. Mediterranean Oil (Gulf and MacMillan Petroleum Corp.), Pacific Western Oil Corp., Montecatini and others have all bought extensive leases (now upped to a 16% royalty) from the government and are searching for oil. So far, 2,400,000 acres have been leased, almost 40% of Sicily's land, and Sicilians are waiting for the first gushers...
...flew from her temporary home in Formosa to Honolulu for treatment of neurodermatitis, a nervous condition which causes severe itching. "Very tired and weak," she retired to the home of her sister Mme. H. H. Kung until hospital accommodations could be arranged. The Duke of Windsor was recovering in Montecatini, Italy, from a "slight attack of indigestion" diagnosed by his doctor as the result of "too many invitations in this heat." He was ordered to limit his drinking to milk (with occasional mineral-water chasers) and his eating to meats and vegetables (thoroughly boiled) and stewed fruit. Writer Betty...
...Second Shift. Two months ago the Montecatini Co., which runs the mine, put a notice on its bulletin board. "Meticulous research," it read, "has established that the mine, in effect, is exhausted." Some 860 of Cabernardi's 1,000 miners would have to be laid off permanently. "Unjust," cried Communist Miner Gino Santorelli. "Capitalistic maneuvers! The company must carry out more intelligent research." Father Gino Tomaselli, Cabernardi's parish priest, issued a quiet demurrer. "I am convinced," he told his parishioners, "that Montecatini has carried out all possible research. Unfortunately, very little of the mineral is left...