Word: stocking
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Dates: during 1940-1940
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Short, blond, athletic-looking, 21-year-old Burton Griffin works by night in the stock room of Vega's Burbank (Calif.) plant, goes to bed with the dawn. One morning last week young Griffin couldn't sleep; a wild idea chased through his mind. Finally it drove him to put on his clothes, hustle off to the plant to tell his boss. Soon 1,500 questioned employes of Lockheed-Vega voted to put it in practice. The idea: "I got to thinkin' about Christmas and about all those bombers we're making for the British...
...high on Army's headache list is a shortage of good corporals, sergeants and second lieutenants, without which Army's whopping training program may well founder. To get noncoms and shavetails in quantity, Army bosses may well have to junk some tenets of promotion by seniority. Stock Army retort to suggestions of promotion for merit has long been that such a system would encourage political toadying; but low-bracket officers must be found, even if dull-witted veterans are passed over to commission brainy tenderfeet. To ferret out officer material, all rookies are being interviewed in Big-Businesslike...
Died. Allan A. Ryan, 61, Wall Street operator who cornered Stutz Motor stock in 1920 (forcing the price from $70 to $724 a share), then lost even his Exchange seat; of a heart attack; in San Francisco. Because he denounced his late, great father for taking a second wife twelve days after the death of his first, Financier Ryan was cut off with a set of pearl studs in the $135,000,000 will of Tobacco Baron Thomas Fortune Ryan...
...recoveries was Coster's board of directors, who gave him enough votes of confidence to expose themselves to charges of negligence. To date, Trustee Wardall has negotiated out-of-court settlements with 20 of 22 directors. Their contribution to the new McKesson: 10,252 shares of preference stock (worth about $285,000 on the market), 19,930 shares of common (worth about...
...SILENT PARTNER -Eric Stanley Gardner-Morrow ($2). Perry Mason, insatiable lawyer-sleuth, is very nearly floored by a floozy on the West Coast. One jump ahead of Lieutenant Tragg, Mason solves a canyon slaying and whitewashes his lady client, who was being most foully done out of her common stock...