Word: ponte
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...treat people right, most big corporations, e.g., Ford, Alcoa, G.M., now employ top-level executives to concentrate exclusively on community relations. On the other hand, Du Pont, which operates 69 plants in 25 states, says each plant manager is "Mr. Du Pont in his community . . . the way he runs his plant constitutes the major part of Du Pont's public relations program...
...millions of the fabulous Du Fonts who live and die there, Delaware is a very solvent state these days. It led off fiscal 1955 with a $7,500,000 surplus, piled up almost entirely by a $7,250,000 inheritance tax windfall from the estate of Industrialist Lammot du Pont, who died in 1952. Lately, however, alarmists in Delaware have cried that rising costs would put the state in the red by the end of fiscal 1956. Last week State Auditor Clifford Hall pacified his fearful fellow citizens, reminded them of the bittersweet fact that Industrialist Eugene du Pont...
NYLON PRICES are being cut for the first time since 1947 in an attempt to bolster sluggish sales and avert widespread layoffs in synthetics plants. Du Pont and Chemstrand ordered 10% to 22% price cuts in nylon yarn. Dacron will be up to 30% cheaper...
Short and stocky, Davis has not let age slow him a whit. He still arrives at his Du Pont Building office in Miami at 9:30 sharp each morning, spends much of his time on inspection tours of his growing empire. He pays his workers well, expects everyone-big and little-to bend to the job. Driving along a dusty farm road one day, the story goes, Davis ordered his chauffeur to stop beside a laborer leaning on his shovel. Said Davis: "Are you supposed to be working for me?" Drawled the man: "Yes, sir. I sure...
...report on Ike's condition. The next day so many buy orders poured in that some specialists had trouble opening their stocks. Not until 10:18 a.m., for example, did U.S. Steel open on a huge block of 25,000 shares, up 3 5/8 at 55½; Du Pont jumped six points on a block of 4,000 shares. By the close the Dow-Jones industrial average was up to 470.64, a gain of 4.92 points...