Word: j
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Dates: during 1950-1959
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Fearful that the change might make less work for stereotypers, Leroy J. Selby, president of St. Louis Stereotypers Union No. 8, objected: "We have had these working conditions for over 35 years, and the publisher is trying to take them away." The walkout of his tiny local threw 3,000 out of work and left St. Louis without a daily newspaper...
...bargaining base was on an eight-point management contract revision proposal to "improve efficiency and eliminate waste," thus "generate new economic progress." The industry's implied offer of a noninflationary wage boost in return for broader management rights was promptly labeled "industrial blackmail" by Steelworkers' President David J. McDonald. Said he: "You have nothing but contempt for your employees...
HIGHEST PAID EXECUTIVE in U.S. last year was Bethlehem Steel Corp.'s President Arthur B. Homer, who received $511,249 in salary and bonuses, after a $112,087 cut from 1957 pay. General Electric Co. Chairman Ralph J. Cordiner was second, with earnings of $399,999. Next three places went to other Bethlehem Steel top executives, each of whom received...
...last week Manhattan's Sterling Drug Inc. seemed ready to top them all. The biggest U.S. producer of household drugs (Bayer Aspirin, Phillips' Milk of Magnesia, Drisdol vitamins, etc.) was going into the sewage-disposal business with a radical new process, developed by Sterling Engineer Frederick J. Zimmermann, which is cheaper and more efficient than current methods. With one pilot plant already set up in Norway, Sterling has contracts to build an $11.9 million disposal plant for the city of Chicago, a second $280,000 plant for Wheeling, W. Va. And it has hopes for many more: surveys...
Died. James J. Maloney, 63, longtime (1931-51) U.S. Secret Service agent, and briefly chief (1947-48), who was kicked upstairs to U.S. Treasury law enforcement coordinator after prematurely preparing a Secret Service guard for unsuccessful Presidential Candidate Thomas E. Dewey on election eve in 1948; of bronchial pneumonia; in St. Petersburg...