Word: grosse
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Dates: during 1950-1959
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...chairman, replacing retiring Joseph Spang Jr., 65, who pushed Gillette's sales from $16 million in 1938 to more than $200 million in 1956. A Boston lawyer Harvard Law School). Gilbert joined Gillette as treasurer in 1948. became president in 1956. Into Gilbert's job goes Boone Gross. 53, a Texas-born West Pointer ('26) who heads Gillette's safety-razor division. As chief executive officer, Gilbert will face a $6,000,000 sales slide caused in part by the short, straight Italian haircut, which has cut sharply into the sales of Gillette's Toni...
...Music) D. In the trade, M.C.A. is known as "the octopus," but it keeps its tentacles well hidden. Its gross income is also a closely guarded secret, but estimates range as high as $100 million. Secrecy is an M.C.A. policy because the firm believes that publicity is for clients alone. To further their anonymity, M.C.A. agents dress as conservatively as bankers; the M.C.A. black suit is legend. And no one tries to dodge the public eye more than M.C.A.'s small, greying founder, board chairman and boss, Jules Caesar Stein...
...Constantine Karamanlis, 50, had infused the Greek government with a new spirit. Son of a Macedonian schoolteacher, Karamanlis still bore traces of the simple manners of the north, displayed an honesty and a vigor alien to the wealthy Athenians who generally dominate Greek politics. Under his driving leadership, the gross national product jumped 9% during 1956-57, and the Greek farmer prospered as never before...
...last week lifted restrictions on pound notes: any amount may be brought into Britain, instead of the previous ?10 limit. Unemployment has risen but is only 1.9% of the labor force, not enough to bring a shift in the government's tight credit policy. ¶Italy's gross national product increased more than 5% last year, is expected to continue to climb; though the industrial production index in January was down seasonally from December, it still topped January 1957. Housing starts were down, but Italian leaders feel that the U.S. will halt its recession, avoid any effect...
...Germany's production in January was up 5.1% over a year ago, and gross sales up more than 14%. But both production and exports were down from December, although much of the drop was seasonal. Unemployment is up slightly (to 1,432,000). The building industry, crimped by tight money, accounted for 70% of the jobless rise. Prices are easing in the textile, clothing and construction industries, but most German economists expect prices and wages to remain steady. ¶France, traditionally slow to react to economic fluctuations in the rest of the world, is still fighting inflation. While production...