Word: premiums
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...Esso have been shepherded into a shotgun marriage w?ith The Netherlands States Mines to market the gas. and De Pous. now-dubbed "The Sheik" by wags around The Hague, is laying down stringent marketing regulations. Present plans are to reserve about 25 billion cubic feet of it for "premium'' industrial use. including the fueling of projected new aluminum and ammonia plants, and to enable Dutch householders to convert to gas furnaces and stoves...
...under instructions not to try to make up time on unavoidable delays." The extra time permits a smoother ride, and a chance for the passengers to get a look at where they are before they have passed it. Other railroads are not inclined to put such a high premium on comfort or scenery. Says a New York Central spokesman: "People take trains because they don't want to fly, and that...
...came from the U.S. Having persistently warned Peru's military of the consequences of a coup, the U.S. suspended relations, stopped $81 million in Alliance aid, cut off military aid now running at $5,000,000 a year, and threatened as well to take away Peru's premium-priced U.S. sugar quota, amounting to $19 million a year. "A serious setback" to democracy, said President Kennedy, in an unusually vigorous White House statement. The generals were reported planning to send a mission to Washington to explain everything. Said Perez Godoy: "I know that President Kennedy can understand. What...
...typical bustling Midwestern market city. The one thing that makes Bloomington a bit different from the run-of-the-mill county seat is the presence of its largest employer, the State Farm Mutual Automobile Insurance Co. This week State Farm will report that its premium income for the first half of this year was up nearly 11% to $281 million, and that in May the company signed up its seven millionth policyholder. All this handily helped State Farm hold its rank as the world's largest automobile insurance company...
Today, as a result, State Farm insures one U.S. private passenger car in eight, has created subsidiary life, fire and accident companies that last year added $87 million in premium income. The $5,000,000 annual rental that State Farm pays for the computers to handle its paperwork makes it one of IBM's biggest customers...