Word: strause
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Dates: during 1940-1949
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When Eversharp, Inc.'s stockholders walked into the Chicago headquarters for their annual meeting last week, they felt that something important was out of place. Something was. It was Eversharp's ebullient ex-chairman, Martin Straus. In place of Straus, thick-jowled R. Howard Webster of Montreal, Straus's sworn enemy, was running things. Straus had lost control of the company which, in seven meteoric years, had risen, with the help of razzle-dazzle advertising ("the $64 question"), from a $12,078 deficit to peak sales (1946) of $46 million and a $4.2 million...
...Straus's undoing was the ballpoint pen. He entered the market too late with a bad product. Eversharp lost $3.4 million in 1947; its stock fell from 25⅞ to 10¼. In November 1946, Straus had bought control of the Schick injector razor, looking for a cushion against hard times. He got a cushion all right (the razor division helped Eversharp show a $1.2 million profit last year), but there was a big pin in it. The pin was R. Howard Webster. To get the razor company, Straus had to take Webster, a big Schick stockholder, into Eversharp...
Nielsen, Sam Straus of 3516 Primrose Street, Fort Worth, Tex.; Amon Carter Riverside Senior High, Fort Worth...
GOETHE: THE STORY OF A MAN (929 pp.) - Edifed by Ludwig Lewlsohn -Farrar, Straus...
Abraham & Straus put the ripper on the market in the metropolitan area and, at their invitation, Mrs. Lawrence came to New York City a few weeks ago to demonstrate her invention. She is an alert, attractive, grey-haired grandmother who shoots golf in the 80s and sings in her church choir. A native of Hartwell, Mo. she went to school and to business college in Fort Scott, Kans., attended a dressmaking school in Chicago, and was married in 1916. Her only child, a daughter, is married and has three children...