Word: symington
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...fill a troublesome spot on the Surplus Property Board, Harry Truman once again reached out to Missouri. He got set to call in 43-year-old W. Stuart Symington Ill, president of St. Louis' Emerson Electric Manufacturing Co., and a topflight U.S. industrialist...
Handsome, Massachusetts-born "Stu" Symington, Yaleman and husband of once-famed society chanteuse Eve Symington, would replace Iowa's silver-haired ex-Senator Guy M. Gillette, who had never wanted the job anyway...
...accused of profiteering. Last week in St. Louis' Coronado Hotel, the world's No. 1 producer of bomber turrets publicly embraced the theory that the best wartime safeguard of free enterprise is low profits. Said Emerson Electric Manufacturing Co.'s President and Board Chairman William Stuart Symington Ill, at a labor-management banquet...
Young (42), handsome "Stu" Symington is no airy altruist. The $898,700 net income his company reported last fortnight (for the year ended Sept. 30) was a picayune residue of the company's swollen gross sales of $83,207,000-but it was much more than Emerson had ever made in any of its 53 years (Symington took over its management in 1938). And Manufacturer Symington was still being sturdily realistic when he declared: "To us one of the great dangers to our system ... is the picture of some people trying to build their companies from scratch...
...Army announced last week that the Symington-Gould tank-armor plant in Rochester (N.Y.), on which construction was abruptly halted last November, was being completed for aircraft production. In Kansas City the Darby Corp.'s assembly lines, originally designed to make parts for tank-landing boats, were last week turning out bombs for Flying Fortresses...