Word: jarman
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...laid out in Manhattan, the wristwatch advertisement showed a model, one Pete Jarman, in a false beard impersonating an antarctic explorer who had found the watch just the thing for polar expeditions. It was good, hard-selling copy of the Hathaway eyepatch school. And sell it did when the ad appeared a fortnight ago in Havana newspapers. Grinning and snickering, Cubans quickly bought out the local dealer's whole stock. But in spite of the ad's success, further publication was hastily suspended. Reason: Jarman-in-a-beard was a dead ringer for Fidel Castro, the tenacious rebel...
...spending $26 million for expansion this year: "We have good reason to anticipate improvement in 1957 in many of the industries which Borg-Warner serves. Sales are on the upcurve in automotive and farm-equipment parts, chemicals, aviation components and oilfield tools." ¶General Shoe Corp. Chairman W. Maxey Jarman: "People are buying freely. Employment is good. Retail business will definitely be up this year. I can see no signs of a recession or depression." ¶ Walgreen Co. President Charles R. Walgreen Jr.: "There are no signs of a recession in the drug industry. We are experiencing the best year...
Died. Pete Jarman, 62, longtime (1937-49) Congressman from Alabama and postwar (1949-53) U.S. Ambassador to Australia; of a heart attack; in Washington...
...company, founded in 1924 by Maxey Jarman's father, the late James Franklin Jarman, had only the small plant in Nashville when Maxey quit M.I.T. in his third year ("I didn't want to be an engineer") to work in the plant as a $10-a-week laborer. After a year of that, he went out selling shoes, sold so well that in 1933 his father made him president and stepped up to chairman (he died in 1938). Maxey took over at the bottom of the Depression, but instead of retrenching, he decided to expand. He started four...
...plants. By 1941, his integrated company had 43 retail stores of its own, 10,000 other outlets, and sales of $24 million. Last year, with outlets in 18 nations, sales hit a new peak of $84 million, and General netted $4,000,000. Just before buying Johnston & Murphy, Maxey Jarman expanded by buying Massachusetts' W. L. Douglas (men's) Shoe Co. and the Nisley Shoe Co., a chain of 45 retail stores in the Midwest. He now has 23 manufacturing plants, more than 200 retail stores and 10,000 employees...