Word: zellerbachs
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...eight Western states. Its sales ($175 million in 1962) will rise above $200 million this year, despite intense competition, erratic prices and the overcapacity of the U.S. lumber industry. Last week, having completed negotiations, it was hoping for the Federal Trade Commission's approval to buy Crown Zellerbach's St. Helena Pulp & Paper Co. in Oregon. It is also looking for new properties in the South, has taken over operation of a Guatemala paper mill in its first move abroad. In a deliberate reach eastward, it recently bought a Chicago envelope company and opened a new container plant...
Died. James David Zellerbach, 71, chairman of Crown-Zellerbach Corp., world's second largest forest-products firm, U.S. Ambassador to Italy from 1956 to 1960, a slight, bespectacled Californian, who took over the family company in 1938, helped its sales grow to nearly $600 million, found time for civic enterprises (the San Francisco Symphony, Golden Gateway redevelopment plan), served ably in a dozen public posts and produced in his private vineyard a California wine that made French diplomats swallow respectfully; of a brain tumor; in San Francisco...
...salary up to $37,500 a year, about as much as the mayor and the school superintendent earn together, and nearly 20 times the pay of the men who fill the back chairs of his orchestra. In San Francisco, conductors come and go at the whim of J. D. Zellerbach and his fearful board, and in Los Angeles, a conductor who does not take tea with "Buffie" Chandler is likely to find himself conducting in Weehawken...
...Business. One of the most light-hearted round buildings in the U.S. is a bank: the little Wells Fargo branch gracing the plaza of the glassy, curtain-walled Crown Zellerbach Building in San Francisco. Architect Peter Kitchell. design head of the bank for Skidmore, Owings & Merrill, turns a deaf ear to critics who grump that the bank, with its fluted roof and carousel airiness, is wrong for its setting at the foot of the zooming Zellerbach tower. Says he: "The essence of our bank is its simple shape. The Wells Fargo people love it; the first manager there treated...
...plans to produce well over 1,100,000 '633 in September and October-almost 25% more cars than in the same period a year ago. U.S. manufacturers in general expect to increase their output this autumn: their new orders rose by almost $1 billion in July. Said Crown Zellerbach Corp. President Reed O. Hunt: "Everybody talks about business easing off later in the year, but we've seen no sign...