Word: co
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Dates: during 1950-1959
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OCTANE RACE is getting hotter among gasoline producers. Socony Mobil Oil Co. will market at regular prices new "Mobilgas-R" with high enough octane rating for knock-free performance in most cars. In the premium field, Esso Standard Oil Co. will soon market special "Golden Esso Extra" with octane rating of more than 97. Sun Oil Co. in Florida is blending gas at the pump, giving drivers a choice of five grades of fuel. Top-grade rating: over...
PEACEFUL PICKETS may not be punished if fellow pickets riot on the picket line, says the U.S. Court of Appeals. In a case involving strikers against the B.V.D. Co., the court overturned an NLRB decision penalizing peaceful strikers by not giving them their jobs back...
...George W. Bengert, 57, became president of Norwich Pharmacal Co., succeeding Melvin C. Eaton, 65, son of a founder, who moved up to board chairman. Born in New Jersey and educated in the Middletown, N.Y. public schools, Bengert graduated from Columbia University in 1922, soon afterward joined Norwich as a research chemist, moved steadily up. Chemist Bengert's hobbies: driving a Thunderbird, working in the Boy Scouts and American Legion...
...Alfred Hayes, vice president of New York Trust Co., Manhattan's tenth largest bank, was elected to succeed Allan Sproul, 60, as president of the Federal Reserve Bank of New York, largest and most important unit in the nation's twelve-district Reserve system. Sproul, president of the New York "Fed" for 15 years, became known as the most powerful of the regional chiefs and a frequent dissenter from the Washington Board's policy. He resigned because of health (stomach ulcer). Successor Hayes, who calls himself "deplorably obscure," is described by his banker peers as brilliant...
...John Nevin Bauman, 57, moved into the presidency of White Motor Co., replacing Robert F. Black, 66, who continues as chairman and chief executive officer. "Nev" Bauman joined the truck manufacturer 34 years ago; with a master's degree in engineering from the University of Michigan, he worked a while as an engineer, then found his niche in sales. A relaxed, persuasive talker, he kept selling and rising, and when Black came in to revive the sick company in 1935, he made Bauman sales vice president. Together the two men hiked White's sales from $20 million...