BUSINESS ABROAD: Scrambled Steel

When Sir John Morison, 60, a canny Scottish accountant, took over Britain's steel denationalization program four weeks ago, he made it clear that he intended to drive a Scottish bargain. Said he: "Some people seem to think we're going to give the things away . . . We're after a good price, and we're going to get it." In his first sale last week, Bargainer Morison lived up to his word. In a $3,000,000 deal, he sold two-thirds of the stock of Templeborough Rolling Mills to British Ropes, Ltd. and William Cooke & Co., Ltd., at a higher price...

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