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Grace Chemical Co. Du Pont has contracted to buy 600-acre tract, plans to build plastics, chemical plant...
What kind of car will the U.S. buyer be getting in 1961? It will be lower, more powerful and more gadget-packed, predicted Paul Richard, automotive development manager for E. I. du Pont de Nemours last week, but not any heavier or longer. Engines, says Richard, will be stepped up from the present average of 227 h.p. to 280 h.p., "and some cars will offer in the vicinity...
Richard flatly contradicted manufacturers' current claims of increasing gasoline economy, said that du Font's car fleet showed a "loss of fuel economy of over 10% in seven years." But for 1961 he predicted a turn to new, more economical fuel systems, e.g., dual four-barrel carburetors, aircraft-type pressure carburetors, fuel-injection systems...
...Orsay to stare at the bier of the illustrious pactmaker. Aristide Briand. All Paris seemed to be wrapped in a shroud of melancholy over the passing of the great democrat-all but a luncheon party of American. British and Swedish bankers who waited in edgy silence at the Hotel du Rhin to confer with an autocratic emperor of finance. "Match King'' Ivar Kreuger. If they had cause for melancholy, they did not yet know it. They were somewhat nervous about some bookkeeping discrepancies that had cropped up in one of Kreuger's subsidiary companies, and there...
...Match Palace in Stockholm, he forged with his own hand $143 million in Italian government bonds. By now, Kreuger's Depression-gored empire was bleeding cash too fast to be saved by bogus credit plasma. A sprinkling of embarrassing questions began. As they sat in the Hotel du Rhin waiting to hear his answers. Ivar Kreuger fobbed off his creditors with one final, non-negotiable note: "Goodbye now and thanks...