Word: productivity
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Dates: during 1930-1939
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When he went to Washington in 1934 as an Assistant to the Secretary of the Treasury, Mr. Eccles' business interests included the presidencies of a $2,000,000 milk product company, a big Oregon lumber concern, a huge construction company, and the $50,000,000 Eccles group of banks. In addition he was vice president of Amalgamated Sugar Co., a director of a railroad, a hotel company, a farm implement company, a retail lumber organization. All this was achieved in less than 20 years from the time he set up Eccles Investment Co. to manage...
...line, the expediency of decending to the next failed to penetrate his enthusiastic absorption in his subject. Consequently, he continued his line on across the wide expanse of the board, and only when he reached the end of that did he begin afresh. A beautiful examination was the product, but the dreadful irony of it all is that only one third of it appeared in the blue book...
Most recent Corning product is Top-of-Stove glass, developed by a team of Corning Ph. D.s under the captaincy of burly, wisecracking Research Director John Clyde Hostetter. They were looking for a glass which could be put on the top of the stove (not merely in the oven) and with which food could be served in the same dish in which it was prepared. Experimenting with 1,500 formulae, they cooked 18,000 lb. of potatoes and nearly as much hamburg, fed Coming's stray dogs on the results of their experiments. They cooked on wood...
...Fireman's executives stand high in Portland because they stuck to their home town, though the Pacific Northwest seemed an unlikely spot to start a plant producing a heavy mechanical product for world-wide distribution. Harry Banfield's old contracting partner and predecessor as Iron Fireman's president was killed in an airplane accident in 1928. Mr. Banfield was badly hurt in the same crackup. Quiet, reserved, he still likes to build bridges on the side, sometimes does. Vice President Edward C. Sammons was named "Portland's First Citizen for 1935." Another high-powered Iron Fireman...
Rare is the bright young businessman who would not like to get control of a good little company, manufacture a good product, sell it under a good trade name. Two young men who did that were Thomas Harry Banfield and the late Cyrus Jury Parker, partners in a Portland, Ore. construction firm that they founded in 1909 with $700 cash. They did not discover their product until 1923, when they bought a local iron works as an adjunct to their contracting...