Word: gruen
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Last week several important sponsors took a more adult tone in their messages. On CBS's evening news roundup, United Fruit went so far as to advise cabbage and spinach along with grapefruit and bananas for the balanced wartime diet. Curt and clearly patriotic was Gruen, which snapped: "Buy a Gruen watch, but buy a defense bond first...
...agency asked Character Actor Irving Kaufman to assume the role. Plump, pink-faced, freckled, balding, Kaufman, who as a small boy once played a spurious Russian midget in vaudeville, has portrayed Lazy Dan for Old English Floor Wax, Happy Jim Parsons for Air Conditioning Training Corp., Johnny Prentiss for Gruen Watch Co. He boasts that he has made more phonograph records than any other singer, having worked for 22 companies under ten different names. On the radio he has played as many as twelve characters in one sketch. But until he was tried out for Gaston, he had never attempted...
...hung out its shingle in Cincinnati. Later enlarged, the firm is now Taft, Stettinius & Hollister, has six partners. Charley dropped out two years ago when he was elected to the City Council. Taking no criminal or marital cases, the Taft firm steadily built up a solid corporate practice locally (Gruen Watch, Globe-Wernicke, Cincinnati Milling Machine, etc.). Its business base was the management of estates and trusts-especially those of Uncle Charles (d. 1929) and Aunt Annie (d. 1931). Largest asset of these: the Times-Star. To Bob and Charley, Uncle Charles left 1,000 shares each, appraised...
...first year under the Katz management Gruen made $606,000. Last year (ending March 31, 1938) net profit was $726,000. Having retired all the com pany's debentures with these profits, be sides $150,000 worth of Class A preferred stock, Ben Katz last week decided to pay off Gruen's remaining $839,000 of Class A and B preferred by issuing new common stock. With a 1938 sales record that equals last year's, and with the market in the mood for new financing, he hopes to sell 150,000 shares at a price that...
...Brothers Gruen are a little wide-eyed at the astonishing success of Benjamin Samuel Katz, who crosses the Atlantic six times a year, wears the latest Gruen wrist watch ("Ristside") and smokes cigars incessantly...