Word: co
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Dates: during 1950-1959
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...holiday recess, New Jersey's freshman Senator Harrison Williams echoed the cry of many another Capitol Hill Democrat about President Eisenhower's proposals for a balanced budget in fiscal 1960. The whole notion, said "Pete" Williams, was "mythical." At about the same time last week, Pete Williams & Co. got some studied support for their argument: a staff report from the Joint Congressional Committee on Internal Revenue Taxation flatly predicted that the Eisenhower Administration's hopes for a balanced budget are doomed to red-ink disappointment. Federal income in 1960, said the report, will come to $75.8 billion...
...from a land that Charles Darwin once dismissed as "without habitation, without water, without mountains." Beneath the dry plains rest oil deposits that promise at least the possibility of Argentine self-sufficiency. Already 1,952 wells are pumping, but oilmen say there are major untapped pools underground. Standard Oil Co. (N.J.) has 1,184,000 acres in promising country north of the Limay River, will soon drill its first well, has begun work on a 14-in. pipeline to Bahia Blanca...
...Adler sorts the mail into "C" (useless), "B" (perhaps) and "A" (usable), has already accumulated a three-year supply of A's. These get published in his weekly column, and win a set of the Encyclopaedia Britannica's Great Books (54 volumes, value $300), which Adler co-edited in the 1940s with Robert Hutchins. then the University of Chicago's chancellor...
Last week Manhattan's oldest fur store had a new owner. Walter Hoving's Hoving Corp., which already operates 60-year-old Bonwit Teller next door and nearby 121-year-old Tiffany & Co., added Gunther-Jaeckel, Inc. to its string. In taking control of Gunther-Jaeckel, Hoving got more of the kind of elegant tradition he likes, also a challenge to his merchandising skill (Gunther-Jaeckel last paid a dividend in 1945). But fellow merchants figured he would soon figure out a way to fit Gunther-Jaeckel into his spreading operation. Pursuing a policy of aggressive expansion...
...Haakon) I. (for Ingolf) Romnes, 52, was elected president of Western Electric Co., manufacturing arm of A. T. & T., to succeed the late Arthur B. Goetze. Son of a Norwegian immigrant baker, Romnes went to work for the Bell System installing telephones during his senior year at the University of Wiscon sin, joined A. T. & T. when he graduated in 1928. Romnes became A. T. & T. chief of engineering in 1952, a vice president...