Word: sloan
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Meanwhile-the Interior Department Reclamation Bureau's engineer, W. G. Sloan, laid out a plan. While Big Muddy rampaged, Pick and Sloan proponents argued...
...quiet shuffle of topside organization, the job of directing General Motors Corp. moved west last week from New York to Detroit. Alfred Pritchard Sloan Jr. stepped down as G.M.'s chief executive officer (but held onto his board chairmanship). President Charles Erwin Wilson stepped up, will now run G.M. from Detroit with the help of a new operations policy committee...
...Duell, Sloan & Pearce...
...ROMANCE OF CASANOVA (344 pp.) -Richard Aldington-Duell, Sloan & Pearce...
...much did the 113-day strike cost General Motors Corp.? Last week G.M.'s Alfred P. Sloan Jr. intoned the sad answer: an operating loss of $88.9 million. G.M. figured that $53 million would be offset by tax recoveries from the Federal Government, under the carry-back provision of the excess-profits tax. (But the amount may be reduced if G.M. shows a substantial profit for the full year.) Thus, G.M.'s net loss for the first quarter, the reddest report seen since depression days, was $36 million v. a 1945 first-quarter profit of $50 million. Nevertheless...