Word: gypsum
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Dates: during 1930-1939
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...Gypsum...
...compared to $211,000,000 for 13 months ended a year earlier. Significant, however, was the fact that the company's deficit fell from $9,737,000 to $5,687,000. Credit for this goes to Sewell Lee Avery, able head of U. S. Gypsum, who a year ago, nominated by J. P. Morgan & Co., was made president of Montgomery Ward. He promptly scrapped retail stores, deadwood personnel, obsolete merchandise, last summer put out a catalog divided into departments like a department store (with prices cut 18% to 25%) and displaying merchandise with style...
Postmaster General. James Aloysius Farley, 44, took the portfolio that generally goes to a President-maker. More than any other man, he sold Franklin Roosevelt to the U. S. just as he used to sell gypsum and now sells building materials, through Elks' Clubs, among Red Men, by mail, over the telephone and in back-slapping personal contacts. Big, bald, breezy Jim Farley steps into the Post
Died. Sewell Lee A very Jr., 31, only son of the president of Montgomery Ward & Co. and U. S. Gypsum Co. and director of U. S. Steel Corp.; by inhaling gas; in his father's Chicago home...
...headed by Harold Leonard Stuart of Halsey, Stuart & Co., Col. William Franklin Knox, publisher of the Chicago Daily News and Rawleigh Warner, vice president of Brothers Beman and Henry Dawes's Pure Oil Co. The organizing committee was said to include President Sewell Lee Avery of both U. S. Gypsum and Montgomery Ward, Owen D. Young, President Robert E. Wood of Sears, Roebuck and President Philip Ream Clarke of Central Republic Bank & Trust Co., stockholders in which will have an opportunity to buy shares in Banker Dawes's new venture...