Word: chief
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Dates: during 1950-1959
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...Navy hospital not long ago a 31-year-old chief petty officer suddenly broke off a casual conversation with a nine-year-old girl, grabbed the child by the throat, choked her and held her under water in a nearby tub until she was dead. Charged with murder, he at first denied the crime with such apparent sincerity that he fooled a lie detector. Later, remorseful, he confessed, but insisted that he could not remember the beginning of the attack, had just "suddenly discovered himself" strangling the girl...
...informed investor thinks that there is the slightest risk that the Treasury will not be able to raise funds on some kind of terms. But Treasury officials know that their financing problems are a great deal bigger than outsiders realize. The chief source of the trouble is deficit spending and fears of more inflation. Not only did the Treasury have to make up for an estimated $13 billion gap between income and outgo this fiscal year, but by the end of 1962 it must refinance $129.5 billion in public debt, most of it incurred during World War II and Depression...
...family-owned business enterprises that have fallen on hard times, and his specialty is modernizing them. Last week Tom Evans, chairman of Pittsburgh's H. K. Porter Co., Inc., an industrial combine with assets of $57 million, added another heirloom. He took over as board chairman and chief executive officer of Chicago's Crane Co., the nation's largest manufacturer of valves, fittings and pipes, in a shake-up of 104-year-old Crane's management...
...Landa persuaded Gurdon Wattles, chairman of Electric Auto-Lite Co. and a Crane director, to back them with 322,900 shares of Crane stock owned by Auto-Lite. They also went to Mrs. Emily Crane Chadbourne, 89, only living daughter of Crane's founder, explained that Evans' chief argument with Crane President Neele E. Stearns was over Stearns's slowness in expanding the firm's inadequate network of independent wholesalers. Proof of Evans' complaint was Crane's first-quarter earnings (23? per share v. 21? last year), which did not show the strong comeback...
Died. General Sir Kenneth Arthur Noel Anderson, 67, India-born World War II commander of the British First Army, who led his fellow veterans of Dunkirk across North Africa from the west, captured Tunis in 1943; of pneumonia; in Gibraltar, where he had served as governor and commander in chief until his retirement...