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Seldom had a top-rank businessman given business such a rawhiding. When Charles Luckman, 37-year-old president of Lever Bros. (Lux, Spry, Pepsodent), rose up in Chicago's Stevens Hotel last week to address the Super Market Institute, nearly every word...
...food processors also won an E. Cream of Wheat's $631,549 nearly doubled its comparable 1945 earnings. Standard Brands topped last year's comparable earnings by 22%, General Foods by 16%. Sunshine Biscuit more than doubled also. So did department stores. Typical example: Gimbel Bros, had a net of some $8.5 million for the first six months, a fat 248% better than last year's first half. Up also were many utilities, pharmaceuticals, paper, containers, building products, liquor...
...admired by Museum officials for the "idiomatic vigor of their dialogue and their accurate realization of a period," have been withdrawn by the owners (Warner) from Film Library archives. The Museum can't think of any reason why, except "some new, strange reticence on the part of Warner Bros...
...fast-dealing week for AVCO and a turning point in its short (17 years), fantastic, often odorous history. Germinated by the wild enthusiasm for anything with wings that followed Lindbergh's transatlantic flight, AVCO sprouted from gilt-edged seed (Lehman Brothers; Brown Bros., Harriman and Co., etc.) in March 1929, as a holding company for all branches of aviation. For a time it flew high, controlling 81 corporations. But soon it crashed into such a welter of squabbles, proxy fights and plain bad management that Wall Street quipped: "AVCO was begotten in sin and carried on in seduction...
...Jolson Story (Columbia) is a fine, noisy celebration of Hollywood's two decades of talking movies. To the embarrassment of Warner Bros., currently whooping up the 20th anniversary of sound (which they started) with some none-too-skillful pictures, this splashy, expert piece of entertainment was made by a rival studio...