Word: ownerships
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Dates: during 1960-1969
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...smelter to refine the ore. Although profit figures are in dispute, by George Humphrey's own reckoning they came to at least $7,500,000-roughly double Hanna's investment in the nickel operation. Moreover, under the terms of the contracts, Hanna last year took over ownership of the smelter for a mere $1,700,000. But the deal worked out pretty well for the Government too. As Humphrey pointed out last week, when the contracts expire in 1965, the U.S. will have accumulated an inventory of 94.7 million Ibs. of Hanna nickel at a total net cost...
...forced to sell part of his collection of Millet drawings and paintings. He died in 1893. His legacy of art was bought from Knoedler this summer by the Northern Natural Gas Co. of Omaha, whose board chairman, John Merriam, is a trustee of the Joslyn Museum. Northern keeps ownership of the art, but the museum becomes permanent custodian. Reported price...
...which all but destroyed it. At war's end, 40% of A.K.U.'s Dutch plant lay in ruins, five of its factories in Eastern Europe had been taken over by the Communists and two of its U.S. affiliates had been seized because of partial German ownership. (A.K.U. succeeded, however, in hanging onto one rayon-making U.S. subsidiary, American Enka, which last year grossed $114 million.) Soon after the war, to make matters worse, new synthetic fabrics began to threaten traditional markets for rayon...
...political credo since he took over. Despite the fact that Nasser had confiscated $1.5 billion from Egypt's tiny, wealthy, luxury-bathed ruling class, he explained that "Arab Socialism" is not Communism: it favors religion, opposes the dictatorship of any class, and believes in private "but not exploitative" ownership. He called for the setting up of a one-party system based on a complex structure of villages, factories and urban districts. This ramshackle system, many Egyptians hope, may give Nasser a political base other than the army-which to date is the major force keeping him in power. Nasser...
Newsboy was so penurious that he would dun a debtor for a few pennies, but his attachment to cash frequently led to his losing it. The cops sometimes found money in the secondhand cars that Newsboy kept stashed around the city-and invariably Newsboy had to disclaim ownership of the money to avoid explaining where it came from. Once he turned up at a hospital bleeding from stab wounds, and the police discovered $3,000 in his car. Said Newsboy: "I never saw it before." Again, he was picked up on the street near an auto that yielded...