Word: butlered
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Dates: during 1940-1949
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When members of the potent Du Pont family began buying into Butler Bros, two years ago, many a Wall Streeter thought "smart money" had moved in, and jumped aboard. They liked it even better when the smart money brought in a smart new president, handsome, hustling G. Robert Herberger (TIME, Aug.11, 1947), a onetime clerk in St. Cloud, Minn. (pop. 25,000) who had made a big name in retailing...
...there seemed to be a considerable difference between Herberger's chain of seven small-town stores and Butler Bros., largest U.S. wholesaler of general merchandise and also operator of 170 retail stores. Neither the Herberger hustle nor the magic of the Du Pont name could get the oldtime profits out of the 62-year-old company. Instead, Butler Bros, lost $4.3 million before tax carrybacks in 1947, squeezed out a small profit last year, but dropped $287,632 in 1949's first quarter. Its stock fell fcom 15 to 7 in two years...
...Dupree (K) 24.2; second, Butler (A); third, Stiles (K) and Kenary (W) tied; fifth, Hadley...
Frank Matthews looked like the solid, conservative type the Senate would confirm without much fuss. Nebraska's two Republican Senators, Kenneth Wherry and Hugh Butler, liked him. A handful of liberal Senators, led by Minnesota's Hubert Humphrey, were less happy about the President's choice. They remembered Matthews from 1946, when he sparkplugged a U.S. Chamber of Commerce campaign to paint Communist Red on the Administration and on union labor...
...Butler, N.J., three Democratic candidates for the borough council withdrew, declaring their Republican rivals were better qualified. "Qualifications," said the Democrats, "are more important than party politics...