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...this would be a yeasty investment. Continental's bread, led by Wonder, is sold in 46 states and in Mexico, Jamaica and the Bahamas. Continental, which also makes Hostess cakes and Morton frozen foods, had total sales of $621 million last year. Its management, headed by Chairman and Chief Executive R. Newton Laughlin, will continue to operate Continental. The parent company will act as "a repository of technical knowledge for Continental," says ITT Executive Vice President Hart Perry, who supervised the month-long negotiations...

Author: /time Magazine | Title: Business: In the Dough | 5/31/1968 | See Source »

...Died. Morton J. May, 86, president from 1917 to 1957 and later chairman of the St. Louis-based May Co. department stores, a family enterprise founded in 1877 by his father that today encompasses 80 stores across the U.S. with sales of more than $1 billion-of a heart attack; in Clayton...

Author: /time Magazine | Title: Milestones: May 24, 1968 | 5/24/1968 | See Source »

...grab Republican votes discouraged the G.O.P., it enraged Lausche's fellow Democrats. As for Lausche, his acerbic disdain for party functions and factions, his baiting of the labor leaders who command much of the Democrats' mooted Ohio strength, and his conservative Senate record led Democratic State Chairman Morton Neipp to predict in November: "I feel that if labor works hard, goes all out, Lausche can be beaten...

Author: /time Magazine | Title: Primaries: Legitimacy Restored | 5/17/1968 | See Source »

...settlement of Merry Mount, near Wollaston, Mass., with the intent to chastise its inhabitants. Merry Mount is anathema to the Puritans because it is an enclave of happiness, fostering a live-and-let-live philosophy, indulging in such rites as dancing around the Maypole. Its leader, Thomas Morton, flauntingly lives with the daughter of the local Indian chief, and carries on a thriving fur trade with the Indians by the dangerous practice of selling them firearms and liquor...

Author: /time Magazine | Title: Theater: Endecott & the Red Cross | 5/10/1968 | See Source »

...revenge, and initially is reluctant to take any brutal measures against the colony. But then a clerical emissary from England arrives to announce that King Charles I intends to revoke the charter of the Massachusetts Colony and place it under the direct rule of the Archbishop of Canterbury. Morton taunts Endecott with this promise of lost authority, and suddenly the Governor becomes as steely as his armor. Delivering a flaming polemic against the King, he sunders his own flagstaff and tromps the red-crossed flag of England underfoot. It is the most powerful moment of the evening and brings...

Author: /time Magazine | Title: Theater: Endecott & the Red Cross | 5/10/1968 | See Source »

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