Business & Finance: Wedgwoods

Two centuries ago Catherine the Great of Russia had a 952-piece set of Wedgwood pottery. Today Queen Elizabeth II of England still sips her morning tea from Wedgwood. Added evidence that Josiah Wedgwood & Sons Ltd. keeps pace with the times was last week's laying of a cornerstone for a new hyperefficient, modern electric kiln outside Hanley, England.

Spode, Minton, Staffordshire may bring gleams to collectors' eyes, but none of England's famed potteries has quite so hoary or famed a past as Wedgwood. The first Josiah set up for himself in 1759, nine years...

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