Word: ralph
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Dates: during 1960-1969
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...South, physically and otherwise, more than 30 years ago. His wife Virginia is from Seattle. Rusk has consistently stood up for civil rights, even while an Army captain in World War II, when he broke the color line at an officers' mess by bringing an OSS officer named Ralph Bunche to dine with him. Although his official role seldom requires it, he vigorously defends the legitimate aspirations of the Negro...
Looking forward to his 83rd birth day next month - and backward on a 65-year career in merchandising - the chairman of the U.S.'s largest depart ment store group announced last week that he was relinquishing his title. Fred Lazarus Jr. turned full command over to Son Ralph, 53, and will keep only the honorary assignment of executive committee chairman of Federated Department Stores Inc. The man succeed ing Ralph as president of the Cincinnati-based organization is J. Paul Sticht, 49, a onetimeCampbell Soup Co. executive who joined Federated in 1960 and has been serving as a vice...
...Transition. The changeover is any thing but abrupt. "We have been in transition for about five years," explains Ralph. As part of the transition, the younger Lazarus began taking on more and more of his father's responsibilities, logged 150,000 air miles annually, checking on Federated stores from coast to coast. Last year he formally became chief executive. "Ten years ago," says Ralph, who became president in 1957, "if we disagreed, his decision would pre vail. Now I guess mine would...
Cynics argue that the speculative trend is inevitable until the law of supply and demand is repealed and human nature changes. But responsible men have begun to worry. Both Funston and American Exchange President Ralph Saul have warned their member brokers not to abet ill-advised speculation; in some cases the exchanges have stopped trading in risky stocks temporarily or require 100% margin. Giant Merrill Lynch, Pierce, Fenner & Smith recently dusted off an advertisement that reminds investors that Wall Street runs two ways. Securities & Exchange Commission Chairman Manuel F. Cohen has his investigators scrutinizing for possible fraud 45 companies whose...
...first major U.S. city to elect a Negro mayor. It may still be the first. Currently, the leading contender in the Oct. 3 Democratic primary is Carl Stokes, a Negro state legislator who, running as an independent two years ago, fell short of winning the election from Incumbent Ralph Locher by only 2,143 votes...