Word: nettings
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Dates: during 1950-1959
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Several pairs of gray flannels and white shoes with people in them recently walked off with a sea scene from a Boston social club, which prefers to remain anonymous. The work, an etching called "Bottom Fishing," will net anyone who brings it back...
...primarily for air power-Navy air as well as Air Force. The Soviet Union now has some 350 bombers modeled on the 6-29, which could reach almost any point in the U.S., drop their bombs, land on the nearest airfield and surrender. Neither the U.S. radar net nor the U.S.'s interceptor forces were adequate to stop them...
Next week President Pearson will have more good news to report: in 1949 the company got into the black for the first time in three years; insiders estimated the net at $5.000,000 on sales of $50 million. This year, as it rolls 4-0-45 off the assembly line, the company hopes to do even better. Though such an industry leader as Boeing has lost money on postwar commercial planes, Pearson thinks that the Martin...
EARNINGS Green Fingers Westinghouse Electric Corp.'s President Gwilym A. Price reported with a grin last week that although his company's sales had dropped last year from $970 million to $945 million, his net had risen to a new alltime peak of $67 million, a thumping 18% above 1948. Price's explanation: "More efficient manufacturing facilities . . . operating economies, and excellent teamwork...
...model. Impressed, the directors made him president in 1946. Price set his sights on three main goals: cut costs, step up productivity, and boost sales. He worked out an incentive plan whereby foremen get bonuses for every cost-cutting or production-boosting idea. In three years Westinghouse's net has jumped 40%. Last week, Price was just as confident about the future...