Word: montevideo
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...Army's quartermaster office in Chicago, Uruguay's agents offered beef at $27.80 a hundredweight. Several days before the deadline, which was set for noon one day last fortnight, Army buyers assured them that it was the likeliest bid yet received. Taking no chances, Uruguayans in Montevideo phoned their Chicago agents 15 minutes before the deadline, told them to lower the offer to $27.63. That, said the Army, practically settled the deal; Washington would probably confirm it within half an hour...
Alberto Dodero laid a course toward the big time when as a young man he moved from Montevideo to Buenos Aires and added to the family business a freighter bought on credit. He quickly gathered headway. At the end of World War I, with a credit of $10 million, he got 148 surplus U.S. ships, resold them at a handsome profit. Then he bought into the Mihanovich Line in his adopted Argentina, owned it 15 years later. By World War II, Dodero had over 300 ships, plus a choice assortment of real estate and other properties...
Swarthy, suave Alberto Dodero knew what he wanted to do with his money. He bought a yacht, a plane, a fleet of cars, elaborate homes near Buenos Aires and Montevideo, in New York, London, Paris and Cannes. He entertained like a Croesus, invited scores of guests for a lobster supper as casually as he brought five kilos of white truffles from Rome. During summers on the Riviera he spent an estimated $50,000 a week for entertainment. He had a sharp eye-as well as the gifts of a Santa Claus-for pretty women. He has been twice married...
Last week a new and very different regional I.L.O. convened in Montevideo. In the three years since Mexico City, Latin American labor movements have pretty well repudiated Communist leaders. Of the 280 delegates and advisers at the meeting (from all countries except Peru, Venezuela, Honduras and Paraguay), Communists numbered so few that they even had trouble making much noise. Lombardo Toledano was absent...
...tourist hotels. Local capital is financing them, but Pan Am's Intercontinental Hotels Corp., holding a token 1% interest, will run them. Costing $5 to $10 million each, they will dot South America, with more to be built later in Europe, the Middle East and Africa. One in Montevideo is almost finished; others are abuilding in Caracas and Bogot...