Word: sloping
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...carried that dream several fancies farther: practically everyone else is driving his cars too. In this year's six-race Canadian-American Challenge Series for Sports-Racing cars, 16 drivers in a field of 40-including McLaren and his countryman Denis Hulme, 32-are piloting sleek, slope-nosed McLaren-built machines. Last month, in the fourth race of the series at Monterey, Calif., McLaren cars swept the first six places, with Hulme finishing second and McLaren fifth. This week, at Riverside, Calif., his cars took four of the first five places. This time, Hulme finished fifth and McLaren himself...
...senses sighing on a grassy slope...
...company announced that it was splitting its stock two for one and increasing its dividend. Its first-half sales of $840 million were up 15.5%, and earnings were up 14% to $70 million. On top of that it has, with Humble Oil, confirmed an oil find on the North Slope of Alaska that Interior Secretary Stewart Udall calls "apparently the largest in the history of the country...
...billion, added 52 new producing wells for a total of 7,132, and built more than 500 new service stations while modernizing others. Now the Alaskan find is quite a layer of frosting on the cake. "Everybody else," says Anderson, "had pretty well written the Arctic Slope off because of cost, indifferent success, and the absolute need for a major discovery in order to have commercial significance." Atlantic Richfield thought about writing off the area too. On their 90,000 acres of leased land, the first well drilled, called Susie No, 1, turned out to be so expensive a lady...
...that snapped wrenches like matchsticks and froze the drilling equipment whenever work stopped, Atlantic as the working partner of the two brought in oil. The industry and the state of Alaska haven't been the same since. Competing companies who were about to pull out of the North Slope are renewing their efforts. The state government is talking about constructing a railroad and highway from Fairbanks, 390 miles away, to the North Slope fields. On Wall Street, Atlantic Richfield stock that was selling as low as 96 this year closed last week...