Word: woolworths
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This week the giant F. W. Woolworth Co. (2,106 stores) follows the trend with one of the most ambitious projects yet. Buoyed by a two-week tryout in a New Jersey branch, where it sold dime-store buyers 450 art works priced from $17.50 to $2,000, Woolworth will open a permanent art gallery on the second floor of its Fifth Avenue store in Manhattan. The gallery will emphasize contemporary art, will open with an 800-work, $750,000 collection that includes etchings, engravings, lithographs and woodcuts by Braque, Chagall, Miró and Luigini. In their three-month search...
...bulls clearly outnumbered the bears on the Street, the Dow-Jones average of 30 industrial blue chips barely moved after it hit a record of 906 in early February. Last week, in a series of stirring sessions, the blue chips finally took off. Led by General Motors, A.T. & T., Woolworth and Swift, the market climbed to records on three straight days. The Dow-Jones soared from 901 to a new high of 912, barely retreated to close the week...
More than a quarter of a million girls annually find jobs through the Brook Street Bureau, lured by its imaginative advertising and reputation for considerate treatment. They are hired by an impressive list of clients, including Philips, Monsanto, Woolworth, Pan American and Bendix, who pay dearly for the services of what Mrs. Hurst characterizes as "the Rolls-Royce of employment agencies." Brook Street carefully tests its girls for professional skills, personality and appearance, accepts only one out of every three it interviews, and refuses to place a shorthand typist unless she has had a minimum of three years' experience...
...Married. Woolworth ("Woolie") Donahue, 51, Manhattan man about town, heir to a $15-odd million slice of the five-and-dime fortune; and Mary Hartline Carlson, 37, blonde and bouncy bandleader on TV's Super Circus in the mid-1950s; both for the third time; at Woolie's estate in Calverton...
...average were selling last week at prices uncomfortably close to their 1964 lows: Allied Chemical at 52½ v. a 1964 low of 51⅛, Alcoa at 59⅞ v. 59½, American Can at 42½ v. 40⅝, A.T. & T. at 66⅞ v. 65⅜ Woolworth at 28 v. 27. Two key stocks hit new 1964 lows last week: U.S. Steel at 50⅞ and General Foods...