Word: edisonizing
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...buttoned up, prepared for the worst. Commuters hurried home to secure the family car and bring in the garbage pails. Radio and TV turned their full attention to the big wind. ("Hurricane Edna," announced one television commercial perfunctorily, "is being presented to you as a public service by Con Edison...
...swimming pool and two 18-hole golf courses, is now planning a field house for winter sports. International Business Machines Corp. has three country clubs for its workers, charges membership fees of $1 a year for employees, $1 for wives (or husbands), and 25-50? for each child. Detroit Edison Co. and Standard Oil Co. of California provide yacht clubs. The employee-run Convair Recreation Association owns a 125-acre ranch and a rodeo arena. At least five Atlanta firms have built private parks for their employees at nearby Allatoona Lake...
...Otto) Gressens, 56, was elected president of Peabody Coal Co., the nation's second biggest commercial producer (after Pittsburgh Consolidation Coal Co.). Gressens attended the University of Illinois, remained there to lecture on corporate finance, and in 1926 earned his Ph.D. He joined Illinois' Commonwealth Edison, climbed to comptroller in 1934 and vice president a decade later. In 1951 he joined Peabody, before long was made executive vice president. As the first non-Peabody-family member to become president, he succeeds Stuyvesant Peabody Jr., who becomes board chairman...
Died. Dr. E. E. (for Edison Ellsworth) Oberholtzer, 72, one of the founders (1934) and first full-time president (1945-50) of the University of Houston, second largest (total enrollment: 13,361) university in the state (first: Texas U.); after long illness; in Houston...
...country too much, and should not have gone into consumer goods in the first place. Chief power-nibblers among the old Ryan groups: Alleghany Corp. President Allan Kirby, financial partner of Robert R. Young (see above); New Mexico Publisher Robert McKinney, a cousin of Bob Young; ex-Governor Charles Edison of New Jersey; Chairman Arthur M. Hill of Greyhound Corp.'s executive committee; and Houston Oilman George Brown...