Word: doubledealing
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Gamble Or Lose Out. Eight years ago the company was in quite another spot. Though old (founded in 1875) and respected, conservative Conoco was in danger of being left far behind by its competitors. While other companies snapped up leases and bought options, Conoco refused to part with good money...
America, and went off on its own to develop a 50-million-acre concession in Egypt, one of the world's largest. All this was accomplished on a sound financial basis: company assets more than doubled (from $209 million to $480 million), and so did dividends (from $1.25 to...
UTOPIA 1976, by Morns L. Ernst (305 pp.; Rinehart; $3.50), plays that ancient but recently revived game: What will the world be like in X years? Lawyer Ernst's answer for 1976 (assuming no atomic war): marvelous. Incomes will be doubled, politics will be dominated by brotherhood, insanity will...
PENSION FUNDS are over the $20 billion mark. In its first detailed survey of the funds, the Securities & Exchange Commission reported that corporate pension funds managed by companies themselves (life insurance firms hold another $9.8 billion) nearly doubled in assets from $6.4 billion in 1951 to $11.2 billion in 1954...
Even allowing for Madison Avenue hyperbole, there is no doubt that 1956's cars are faster and more powerful than ever before. Since 1930, average horsepower has doubled to well over 140 h.p. At the same time, the average top speed for U.S. cars has gone from 66 m.p.h...