Word: holdings
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Dates: during 1950-1959
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...filter boom caused the greatest shake-up in the standings of cigarette companies since 1927-30, when American Tobacco's George Washington Hill doubled Lucky Strike sales and bumped R. J. Reynolds' Camel from its traditional hold on the No. 1 spot. In 1958 the story was different. Thanks to their bestselling filters, Reynolds' Chairman John Clarke Whitaker, 67, and President Bowman Gray, 51, dethroned American Tobacco as the No. 1 company for the first time since 1941. Reynolds captured 28.2% of the market v. 26.1% for American...
Though the cost-of-living index for November rose slightly with the price rises of new cars, Government economists expect lower pork, fruit and vegetable prices to hold the index down until spring. Prices went down at Montgomery Ward; the giant mail-order house cut 16,042 items by an average of 10%. pegged some items lower than they have been at any time since...
...fact that the unskilled worker, once the core of their power, has become the vanishing American. Highly mechanized plants have forced workers to develop new skills; the new class of skilled labor has fractured the monolithic front that the mass-production unions once presented to management. To hold the allegiance of skilled workers, unions are revising their organization. The U.A.W. recently amended its constitution to allow skilled workers to veto contract clauses that affect them, took great pains in last summer's contract negotiations to win an extra 8? an hour for them. All of these trends, says...
Towels for Businessmen. Despite the buying sprees and the costs of opening new routes. Northwest has managed to hold down expenses. When Nyrop took over in 1954, operating costs per ton-mile were 31.2?, among the highest in the industry. By 1958 the figure dipped to 25.1?, more than 12% below the industry's average. Nyrop, who pared the CAA budget by $15 million and whittled CAB's mail payments by $13 million a year, cut costs at Northwest by poking into every detail. He turned up behind ticket counters, spent off-hours flying Northwest...
...crowd of 2,533 saw the Celtics consolidate their hold on the division lead and set their season mark at 24-10. Cincinnati has beaten Boston once in five games this year...