Word: heinz
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Those elected from the September graduates were: John J. Butler '44 of 63 Ellery Street and Lacrosse, Wis; Heinz F. Eichenwald '47 of New York City; Colin F. N. Irving '45 of Brookline; Frank W. Reeb '44, of 371 Harvard Street and Dwight, Ill.; David Z. Robinson '47 of Perkins Hall and Westmount, Quebec; Donald H. Shively '44 of 95 Prescott Street and Upper Montclair, N. J.; Richard A. Silverman '46, of Washington, D. C.; and Charles P. Slitcher '45, of Cambridge...
Magna cum Laude (Highest Honors): Heinz Felix Eichenwald, (Biochemical Sciences...
...from Under. When H. J. II was a young man, Winston Churchill once advised him: "You should begin at the top and work down." Heinz preferred the sober counsel of his grandfather: "Do a common thing uncommonly well." Working from the bottom up, he has performed uncommonly well the common task of selling common foods...
...Same. In five years the company spent $15,000,000 on new plants and equipment. Sales boomed up to the $100,000,000 mark. By 1946 it was a safe bet that most of the grocers in the U.S. and all major foreign countries had an assortment of Heinz's 57 varieties on their shelves...
With its new outside capital the company will redeem $5,150,000 worth of outstanding preferred stock. The balance it will probably use to build bigger plants, market new varieties. Prospective investors, getting their first look inside the Heinz door, saw an appetizing sight. Last week Heinz reported that sales for the year ending last April 30 were $114,150,564. Net profit, $4,052,084, one of the best in the company's history...