Word: seaboards
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Dates: during 1950-1959
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...bbls. a day around the Cape of Good Hope-including perhaps as much as 350,000 bbls. normally bound from the Middle East to the U.S. East Coast (a deficit that the U.S. will make up in routing more oil from the Gulf Coast to the Atlantic seaboard...
Memo from Girl Friday: Gossipist Walter Winchell and his radio sponsor have phhht. Happened four weeks ago, even before his splituation with TV, because sponsor, Seaboard Drug Co., feared consequences of columnist's "long series of offensive remarks" about Adlai Stevenson on his weekly newscast. Sponsor kept it quiet to give Mutual time to dig up fresh scratch (WW's weekly take: $5,000), but Winchell began sniping at Seaboard Drug in newspaper column. Sponsor exploded. "Malicious, libelous and untrue," said Seaboard President Harry Patterson. "The man has gone...
...market with their own trailer fleets. Says the Pennsylvania Motor Truck Association, some of whose members look on piggybacking with a jaundiced eye: "Let's say the ABC trucking company operates a fleet of 1,000 power units and 1,500 trailers from the Midwest to the Eastern seaboard. Then the company decides to use piggyback. It disposes of 700 to 800 tractors, using the remaining motor units just to pick up and deliver piggyback trailers. It cuts its over-the-road fleet to the bone and drops many of its drivers. Then the railroad starts picking up freight...
...sidetracked by ICC. Examiner found that Frisco acted unlawfully in buying up 56.2% of Central's voting stock for $17 million, because it did not get prior ICC permission. If full ICC board approves, Frisco will be forced to surrender control of Central to triumvirate of Illinois Central, Seaboard, Frisco...
...hierarchy of giant grocery chains, Grand Union, with 342 stores scattered over eight Eastern Seaboard states, ranks well down the list in tenth place. But in the art of lively merchandising it yields first place to no one. It was the first big supermarket chain to mechanize food shelves, first to try trading stamps in the hotly competitive Metropolitan New York market. When it adds clothing departments next month, Grand Union will give more space to nonfood items than any other big chain. By moving beyond the traditional grocery lines into dry goods, readymade clothing and home furnishings, Lansing Shield...