Word: greenewalts
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...Society in Philadelphia, members listened closely to papers on such diverse subjects as Cytoplasmic Incompatibility in Neurospora and Bastards in the Roman Aristocracy. But the most surprising contribution was a half-hour gem of erudition, illustrated with colored slides, on The Iridescent Colors of Hummingbird Feathers. Author: Crawford H. Greenewalt, 57. whose excursions into advanced ornithology are somehow sandwiched into his workaday duties as president of massive E.I. du Pont de Nemours...
...year, announced Chairman Ralph J. Cordiner, to 60? a share v. 56? in 1958. Ford Motor Co. reported the best first-quarter and the second-best quarter in its history, rang up consolidated earnings of $2.46 a share v. 55? last year. Du Font's President Crawford H. Greenewalt told stockholders that the company's first-quarter earnings increased "perhaps 70%" on a 22% rise in sales. Said Greenewalt: "In 1959, sales will be substantially ahead of those realized in 1958 and will perhaps establish a new record...
...would cost Du Pont stockholders millions. IRS ruled that the G.M. stock, if distributed, would be taxable at ordinary income rates when received. If the stock was sold, any profit would be taxed again either as straight income or capital gains. For individual Du Pont stockholders, said President Crawford Greenewalt, income taxes alone would come to an estimated $580 million, plus another $100 million for corporations owning the stock. Moreover, so many shares would be dumped on the market that the market could not absorb them without depressing stock values in the two companies by as much as $5 billion...
...Fearful that the U.S. missile-satellite effort may cause other sciences to be neglected, Du Pont President Crawford H. Greenewalt warned that "hasty expedients may, while promising immediate advantage, weaken rather than advance our long-range scientific endeavor." Said he: "I sincerely hope that no scientific chauvinism will lead us down ill-considered pathways toward goals which may be more glitter than gold...
...Arthur Schlesinger Jr.. who calls it ''a romantic nostalgia'' for the feudal class system. But as the presidential vote showed this month, conservatism is no longer a narrow economic viewpoint but a political philosophy with vast popular appeal. As Du Pont President Crawford H. Greenewalt pointed out, more segments of the population than ever participate in U.S. business, as employees, stockholders or owners, identifying themselves with the new capitalism in the process. Says he: ''Politically, we are becoming a nation of conservatives in the sense that more and more people have moved into...