Word: ponts
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Dates: during 1950-1959
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...Fearful that the U.S. missile-satellite effort may cause other sciences to be neglected, Du Pont President Crawford H. Greenewalt warned that "hasty expedients may, while promising immediate advantage, weaken rather than advance our long-range scientific endeavor." Said he: "I sincerely hope that no scientific chauvinism will lead us down ill-considered pathways toward goals which may be more glitter than gold...
...Consolidated Edison Co. is one of the pioneers, in 1952 underwrote the cost of setting up a consultation clinic at New York University-Bellevue Medical Clinic which has since been joined by 13 other companies, including Bell Telephone Laboratories, Metropolitan Life Insurance, the New York Times. Du Pont, Eastman Kodak, Allis-Chalmers and Boeing Airplane all have excellent and extensive programs of their own for rehabilitating alcoholics. Scores of other companies have informal programs or refer their workers to outside clinics, psychiatric help or such organizations as Alcoholics Anonymous, Chicago's Portal House, Boston's Committee on Alcoholism...
...side was Du Pont (see below), with a solid 7% increase in both sales and net. Earnings were $2.14 a share, v. $1.99 last year. Owens-Illinois Glass Co. raised its volume and net 4%; Eastman Kodak did even better. On a 10.2% increase in sales (from $175.6 million to $193.5 million), it raised profits 14% (from $22.2 million to $25.4 million...
Having won their court fight to make Du Pont give up its General Motors stock, the Government's trustbusters last week proposed their plans for the divorce. They asked that Du Pont be ordered to transfer its 63 million shares (23% worth $2.5 billion) to trustees, who would then distribute 60% on a pro rata basis to Du Pont common stockholders, sell the remaining 40% held by Du Pont holding companies after first offering it to Du Pont's common stockholders. None of the stock would be given or sold to the Du Pont family-controlled Delaware Realty...
...Government also proposed to bar interlocking Du Pont-G.M. directorates and sharing of officers, contracts requiring G.M. to buy any specific percentage of its needs from Du Pont. Du Pont has until Dec. 24 to accept or offer counterproposals...