Word: chicago
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Dates: during 1950-1959
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...Chicago show the new word in the furniture men's vocabulary was "elegance.'' To tempt the growing U.S. luxury market, the buyers want-and are getting-better designs and higher quality. Prices may go up 3% or so in 1959, but for his money the consumer will get better furniture. Said one Seattle retailer: "There was a long period when manufacturers had atrocious taste in furniture-that day is gone...
...lacquered furniture-lighter woods plus new materials and vivid fabrics. The industry is also bringing out a whole new line of "wall-hung" units-bookcases, hi-fi cabinets, cupboards, etc. Even children's furniture is being upgraded after 30 years of standard pink and blue finishes. Big Manhattan, Chicago and Detroit stores are laying in heavy stocks of specially designed children's furniture, scaled down in size from adult pieces...
...have known for some time that the Pennsy is more anxious to merge than the Central, which has had its doubts about managing the $5.6 billion behemoth that would be formed by a merger. Meanwhile the seven smaller roads-Erie, Baltimore & Ohio, Chesapeake & Ohio, Reading, Delaware & Hudson, New York, Chicago & St. Louis, Delaware, Lackawanna & Western-that had huddled in October to discuss what to do in the face of a Central-Pennsy merger also dropped their own merger talks...
Frank R. Armour Jr., 50, was elected president of H. J. Heinz Co., the first non-Heinz to hold the job since the firm started as a horse-radish distributor in 1869. He succeeds H. J. Heinz II, who became chairman of the board. Armour (no kin to Chicago's meat-packing Armours), went to work at Heinz in 1927 as a visitors' guide, held 57 varieties of jobs within the company. He worked in sales and advertising, became general manager of manufacturing in 1946, a vice president in 1949, executive vice president in 1957. Armour will...
Born. To Maria Tallchief, 33, prima ballerina of the New York City Ballet company, Oklahoma-born daughter of an Osage Indian, onetime wife (No. 4) of Choreographer George Balanchine, and Chicago Construction Executive Henry ("Buzz") Paschen Jr., 32, her third husband: a daughter, their first child (he has another daughter by an earlier marriage); in Chicago. Name: Elise...