Word: ferguson
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Dates: during 1950-1959
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Died. Fred S. Ferguson. 72, president of NEA Service (1926-58), a Scripps-Howard newspaperman for 50 years; in Huntington...
...Roger Ferguson, Sid Weber, Kenny Kearn, and Carlos Rodriguez will lead the Funster soccer team in the play-off against Eliot next week. Eliot earned its place in the title match by defeating Kirkland, 3 to 0, Tuesday afternoon. The loss dropped the Deacons to third place. Tom Gleason, Steve Truett, Charam Pahlari, and Kermit Roosevelt led the Elephant booters...
Queens Wild. In Clovis, N. Mex., Mrs. Hazel Ferguson, irked at her husband for joining a late night card party, stalked into the game with pistol in hand, fired a shot into the floor, lined up the players against the wall, marched her errant husband home at gunpoint, next day was fined $25 for discharging a firearm within the city limits...
Cash in the Till. Thornbrough temporarily shut down several U.S. plants, slashed prices of the company's products below cost to clear out inventories, get cash in the till quickly. He streamlined the company by merging the Ferguson and Massey-Harris distribution systems, which often competed with each other, into the new Massey-Ferguson Ltd. He put in tight inventory controls, raised salaries and bonuses of salesmen and branch managers to give them more incentive, brought in a crack young management team to push sales...
...Massey-Ferguson is now working to acquire the tractor plant of England's Standard Motor Co. Ltd., and the diesel engine facilities of England's F. Perkins Ltd. The firm has expanded its operations in France, doubling its stockholdings in Standard-Hotchkiss, a French tractor maker, to 50%. But energetic Al Thornbrough still looks to the U.S. for the even bigger market that Massey-Ferguson must have before it can shuck all its troubles. He has purchased Mid-Western Industries of Wichita, Kans., a leader in the light industrial-equipment field, doubled the size of the Detroit tractor...