Word: grunow
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...thing left to do.* He resigned his vice-presidency and left in the hands of those who thought they had done the best thing for the company the business which his grandfather and namesake had started 63 years ago. Said he: ". . . naturally the greatest disappointment of my life." Grunow Ousted. Spectacular in the radio industry has been the team of poker-faced, precise Bertram James Grigsby and round-faced, shouting, swearing William Carl Grunow, but last week this team was forever severed. During the past year depression visited Grigsby-Grunow Co., and its refrigerator affiliate, Majestic Household Utilities...
...short time have been eliminated. Charles Freshman, Kolster, Brandes, Ware, Freed-Elsemann, Thompson, Bel-Canto, Sleeper, Themiodyne, are no longer names to be reckoned with. The industry has been concentrated into fewer, stronger hands, some of which are pioneer survivors. Old firms still strong include Atwater Kent, Philco, Grigsby-Grunow, Stromberg-Carlson, Crosley, Grebe, Andrea Inc., Gulbransen...
...fulfill the common conception of his type. Cool, bland, he appeared unimpressed by charges that he had been conducting a brokerage business under the name of Murdock & Co., had failed to deliver 2,500 shares of Fox Film, could not account for the proceeds from 1,000 Grigsby-Grunow. His attitude coincided with that of his attorney who said: "The charges are a thousand miles from grand larceny." Reticent about himself, Wolf Lamar continued uttering such ultimatums as: "It is a bull market today and bear operators will be crucified...
Refrigerators. Production of new Majestic Household Utilities Co., first Grigsby-Grunow step toward diversification (TIME, April 28) begins in July. Maiden product: a mechanical refrigerator...
Resignation. From Radio Manufacturers' Association, enthusiastic Mr. Grunow and precise Mr. Grigsby last week in indignation retired. Reasons: Radio Corp. of America is establishing monopoly by recent purchase of General Electric & Westinghouse patents. Radio Manufacturers' Association refuses to help the U. S. government investigate Radio Corp. or act to prevent Radio Corp. monopoly...