Word: optionals
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Stahura, fading back on a pass option, elected to run--run he did--to the Yale 49, and then cut loose with three completed passes in four plays. The first one to Joe Crehore moved the ball to the 18. The third, a spot pass to Lewis, moved the ball to the nine. A play later, Stahura threw still another pass...
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 unless it could be sure. Since oil is usually a case of gamble or get left out, Conoco was being left out. To get fresh leadership, the directors hired McCollum, then 45 and production coordinator of giant Jersey Standard, gave him a fat stock option (which today shows a paper...
...first deal to buy U.S. commercial jets. Total price: $269 million, the biggest in airline history. The deal is certain to be followed by plane purchase orders from other carriers. National Airlines is expected to sign for six DC-8s on which it took a verbal option last August. Other shoppers include United, American, Eastern, Air France, KLM and Panagra...
...children, however, differ from what our Southern group suspects. When the St. Louis Board of Education ruled, in compliance with the Supreme Court's decision, that the city's elementary schools would integrate this September, it had to construct completely new school districts. But it gave all children the option of continuing in their old schools in spite of the new districts. Before this fall's integration, the white children in the Field neighborhood had all gone to the segregated Clark school. Most of them, naturally, wanted to continue there, not because Clark now has a smaller proportion of colored...
...will pass out of family hands and into the W.R. Grace shipping empire. Andrew J. Higgins' four sons, who pulled the company out of its postwar slump by diversifying into pleasure boats and offshore oil drilling equipment, have given Grace and a New Orleans syndicate a long-term option, but are keeping mum on the price...