Word: mccalls
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...began as head of Hunt Foods and Industries, the world's largest packer and distributor of tomato foodstuffs, and has since branched out into half a dozen businesses from Ohio Match Co. to McCall's magazine. He seeks controlling stock in other firms in hopes of improving them, and, says one museum curator, "in the same way he picks up a company that could be doing better, Simon makes a good painting more important by adding it to his collection." By hanging it in the company of centuries of masterworks, even Simon's Rembrandt gains character...
...firm conviction on the part of the voters in their ability to accept anyone else." Republican Secretary of State Howell Appling Jr. adds: "I'm struck by the number of people who don't have the vaguest notion of what Lodge stands for." Says Republican Tom McCall, who is running to succeed Appling: "This is the Year of the Green Tomato" -meaning that the "ripe tomatoes," Barry and Rocky, have been tasted by the electorate and found wanting...
...Pepsi-Cola). At the same time, Simon bought 95,000 more shares of American Broadcasting-Paramount Theaters, raising his total to 205,000 of the company's 4,600,000 widely owned shares. Most or all of these 205,000 shares are owned by the Simon-controlled McCall Corp., publisher of McCall's, Redbook and other magazines...
Great Name. The $16 million purchase of Canada Dry stock followed Simon's typical pattern for takeover of a company (TIME, Aug. 23). He bought the stock through his Hunt Foods, which, in addition to controlling McCall Corp., owns Wesson Oil, Ohio Match, Fuller Paint and a 7% share of Wheeling Steel. Canada Dry is just the kind of company that Simon thinks can benefit from his brand of management, which is devoted to a constant search for change and improvement. "Canada Dry has a great name and a strong brand position," he says, "but earnings are modest...
...Steirman, the magazines have become about as racy as racing programs, and combined newsstand sales have dropped to 510,000 from a peak of 4,100,000. But Steirman claims that both are in the black. In 1961, he resurrected Blue Book, a man's magazine dropped by McCall Corp. five years earlier as a bad job. Steirman's Bluebook for Men has a newsstand sale of only 150,000 and no detectable merit, but it is breaking even...