Word: craning
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Dates: during 1950-1959
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producer of electrical controls, was named president and chief executive officer, succeeding G. Stewart Crane, who was elected board chairman. Ryan was born in Anaconda, Mont., worked his way through Cornell University, joined Cutler-Hammer in 1920 as a student engineer...
...James Crane Kellogg III, 40, senior partner in Spear, Leeds & Kellogg, Wall Street's biggest specialists firm with 55 stocks (American Airlines, Boeing, General Tire, Union Oil, etc.), who put up $618,000 for 25,000 shares of American Airlines alone to support the market during the cardiac break, at one point was $163,000 in the hole. ¶John Coleman, 53, head of Adler, Coleman & Co. (53 stock issues, including American Tobacco, Armour, Motorola). ¶Benjamin Einhorn, 48, partner in Astor & Rose, which handles Sperry Rand and 14 other stocks...
...candidates who gained seats on the Council are Edward A. Crane, Joseph J. DeGuglielmo '29, Mrs. Pearl Wise, and Hyman Pill. Independent members elected were Edward J. Sullivan, John D. Lynch, Thomas N. McNamara, Alfred Velluci, and Charles A. Watson...
Friction generated by the break is expected to be revealed more clearly when the new Council attempts to elect a mayor. If Mrs. Wise does not align herself with Crane and DeGuglielmo, the CCA is expected to have little to say about the selection of the new mayor...
Instead of the usual "vote the CCA slate" appeal to voters, CCA men Crane and DeGuglielmo ran their battles on a "vote No. 1 for me" basis. Political observers close to the campaign scene reported yesterday that opposition developed between a coalition of Crane, DeGuglielmo, and unsuccessful candidate Marcus Morton, and a Mrs. Wise-Bradlee F. Clarke faction...