Word: steels
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Dates: during 1970-1979
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...loan is only one in a growing number of bold business ventures by the Shah. Last year Iran bought a 25% chunk of the steel-producing division of West Germany's Krupp concern for $100 million, and Iranian banks participated in a $200 million loan to the Grumman Corp. Last week the Shah also unveiled a grandiose $5 billion project for the modernizing of Tehran, his capital...
Fortunately for Tom Sanders and his squad, the steel of the schedule, which featured the likes of Boston College (twice), Oral Roberts, Tennessee and Cincinnati, is behind them. On the horizon are such squads as Columbia (3-11) and Cornell (4-7), teams that gave Sanders four victories last season...
...Amex is currently handling options trading in the shares of 13 companies, among them Du Pont, Union Carbide and U.S. Steel; it plans to increase its list to 20 stocks before long. Early investor interest was high, and Amex officials hope to do at least as well with options as the Chicago Board Options Exchange. C.B.O.E. members now collect commissions on an average daily volume of 40,000 option sales. Partly as a result, the price of seats on the C.B.O.E. has jumped from $10,000 to $40,000 in just 21 months...
...White Knight of Wall Street, whose bid of 207 for U.S Steel temporarily halted the Crach of 1929? What did he call a "perfect institution...
...independent producer. "This is sophisticated machinery, and it needs trained people to operate it." Even so, West Texas oil companies are now paying as much as $1,200 a month for unskilled labor. Some producers want Government help in training new oilfield workers, plus federal intervention in the steel industry to increase production of pipe and other scarce hardware...