Word: suspendable
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...Trans-Arabian Pipe Line Co. (100% U.S. owned), which pumps 350,000 bbls. daily from Arabian-American Oil Co. fields to the Mediterranean, is still operating. But last week the Saudi Arabian government ordered Aramco to suspend all shipments to Britain and France, thus depriving them of some 35,000 bbls. daily by way of the pipeline, another 110,000 bbls. daily loaded on tankers in the Persian Gulf...
Down & Up. As rumors spread on Bay Street that the Toronto Stock Exchange would probably suspend Chatco, the speculators sold thousands of shares short, figuring that the suspension would knock down the price of Chatco as it did Great Sweet Grass Oils only three weeks before (TIME, Nov. 5). But the short sellers made one big mistake: they failed to realize that Chatco has only 160,000 shares outstanding. Shannon owned about 36,000 shares, and the Leonhardt interests a big chunk of the rest, leaving few shares around for trading. When the suspension was announced, the stock dropped from...
...torn by its historic loyalty to Britain, and its utter ignorance of just what Britain was doing, decided not to condemn Britain and France publicly. But it was miffed by having been kept in the dark by Eden. Not until two days after Israel's invasion did Canada suspend a scheduled delivery of 24 Sabre jets to Israel. External Affairs Chief Lester Pearson called the Anglo-French decision to intervene in Egypt "a most unhappy...
Outside of the field of legislation, the problem of controlling the hydrogen bomb is one of over whelming importance. Now that the bitterness of campaign oratory is done, the Chief Executive has a moral responsibility to America's welfare to suspend nuclear test explosions until an adequate study of the effects of radioactive material on future generations can be made...
Early one evening last week, President Edward T. McCormick of the American Stock Exchange got a phone call from SEChairman Sinclair Armstrong in Washington : "Ted, I'm sending you a telegram to the effect that we are suspending trading in Great Sweet Grass Oils pursuant to section 19 (a) (4), and we are also suspending over-the-counter trading under section 15, rule X-15C2-2." Translated, this meant that in "the public interest," and to forestall "fraudulent, deceptive or manipulative acts or practices," Sweet Grass was suspended from trading for ten days. (Toronto continued to trade the stock...