Word: stettinius
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...Board and its staff go to New York for a meal and gabfest with their wartime chief. These men, who did the job once, have long been ready to do it over again, if called. But none of them was called to the War Resources Board (chairman: Ed Stettinius) last fall. Baruch himself has been consulted by the President in the current crisis, but not with any idea of giving him the job. If history repeats itself months may pass before industry, combed for "coming men," is given authority to get results...
President William S. Knudsen of General Motors and Chairman Edward R. Stettinius, Jr., of the U. S. Steel Corp., were named to supervise industrial production and material...
Mass-production industries are far from booming on war export business. Among them, biggest export gainer was steel products: exports up 104% to $44,889,000. But in April U. S. Steel's young, white-haired Ed Stettinius said that the corporation, which exports more than most of the industry, was sending some 13% of its output abroad, still had plenty of idle capacity...
...Henry Clay Frick, Judge Gary, Myron C. Taylor, George F. Baker-no swarm of Manhattan newshawks waits outside the door. Their monthly meetings are devoted strictly to business, not to making publicity. The directors hear about broad company policies from their youthful, silver-haired chairman, Edward R. Stettinius Jr., keep up with production and sales operations by listening to tough-fibred, gregarious President Ben Fairless, learn about fiscal problems from their precise Finance Chairman Enders McClumpha Voorhees...
Last week, after announcing Steel's common-stock dividend, Chairman Stettinius released Big Steel's annual report. It revealed simply and graphically more facts and figures than ever before. One striking figure: the Corporation's total sales of "goods and services" ($857,100,000) amounted to $3,829 per employe. Another: 1939's 43% rise in gross revenues, at an average of 60.7% of capacity, left Big Steel, after $25,219,677 in preferred dividends, a net of $15,900,257-less than half the deficit piled up in 1938 (with operations...