Word: old
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Dates: during 1950-1959
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...ranking heirloom collector of U.S. business is a Pittsburgh millionaire named Thomas Mellon Evans. His heirlooms are old, family-owned business enterprises that have fallen on hard times, and his specialty is modernizing them. Last week Tom Evans, chairman of Pittsburgh's H. K. Porter Co., Inc., an industrial combine with assets of $57 million, added another heirloom. He took over as board chairman and chief executive officer of Chicago's Crane Co., the nation's largest manufacturer of valves, fittings and pipes, in a shake-up of 104-year-old Crane's management...
...Old-line name in the business is Paddock of California, which pioneered gunite (concrete sprayed on steel-mesh frame), the first development to bring pool prices within the reach of middle-income families. Both an equipment maker (filters, pumps) and a pool builder, Paddock was taken over in January by Refinite Corp., a small Midwest poolmaker whose aggressive president, Charles A. Spaulding Jr., has streamlined operations at Paddock. From a loss last year on sales of $7,968,905, Paddock expects to be well in the black in 1959 on sales of more than $10 million...
...125th birthday this year, the Long Island Rail Road, busiest U.S. commuter line, decided to spruce up its grimy face and its public image. Last week the railroad's coaches sported the latest evidence of its campaign: a gay new insignia to replace the drab, 100-year-old L.I. in a circle. The insignia: a red, yellow and blue emblem showing a harried commuter rushing to catch a train, eyes glued to his watch and hand gripping a briefcase and umbrella. The new insignia for "The Route of the Dashing Commuter," is designed to humanize the Long Island, point...
Died. YekaterinaVoroshilov,seventyish, wife of the Soviet Union's 78-year-old Kliment Voroshilov, whose title-Chairman of the Presidium of the Supreme Soviet-is the paper equivalent of "President"'; in Moscow...
Died. Reginald Arkell, 76, British novelist (Old Herbaceous), poet, editor and author of numerous musical revues including 1066 and All That; in Cricklade, England. Lampooning the U.S. Prohibition era, Arkell once presented the Statue of Liberty on the London stage with a bottle of whisky in her right hand, fended off transatlantic complaint with the reflection: "Americans made themselves ridiculous over Prohibition without any assistance from...