Word: thomson
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...Venus," murmured Mrs. J. E. Thomson in San Francisco, as she gazed out the window at the night sky. "You don't know what's coming to you." Said Anthony Balestreri, a Milwaukee artist: "There's been a kind of awakening. I hope to God it continues. I noticed it in church a couple of weeks ago, when the priest mentioned Cuba. What we need is more of it. Instead of announcing from the pulpit that the bowling league will meet at such and such a time, let's hear how the news may affect...
...newspapers-the Sunday People (circ. 5,467,872) and the Daily Herald, a Labor Party voice. Although the Daily Herald's circulation is 1,418,119 it manages to lose about $2,000,000 a year. Last month Fleet Street's Canadian-born Press Lord Roy Thomson, 66, proprietor of 80 papers in seven countries, made an offer to Odhams' board, headed by Sir Christopher Chancellor, longtime (1944-59) general manager of Reuters Ltd., the British press service. Thomson's proposal: an equitable stock exchange that would in effect merge Odhams with his own newspaper properties...
Rude Blow. Word of the impending Odhams-Thomson deal came as a rude blow to Cecil Harmsworth King, 60, head of the Daily Mirror group, a gigantic newspaper-magazine combine (total circulation: more than 16 million) that includes two of Britain's leading popular papers: the sex-salted Daily Mirror and the Sunday Pictorial, one of three newspapers that the watchdog Press Council last year called "a disgrace to British journalism." The other two: the People and News of the World...
Among King's magazines are many that are in direct competition with Odhams, particularly in the lucrative women's field, and King had no notion of letting Roy Thomson take over the Odhams properties. Bypassing both Chancellor and Thomson, he appealed directly to Odhams stockholders with an offer to buy them out for $1.20 per share above the market price. With Odhams' The People denouncing King's move as an "act of piracy" (see cut), Odhams Chairman Chancellor announced that his board was prepared to hike the stock dividend rate from...
...Wyoming, after the death of Republican Keith Thomson, who had just been elected to the U.S. Senate, Wyoming's Democratic Governor John Joseph Hickey resigned from his own office, was appointed by the state's Democratic secretary of state Jack Gage (who succeeded him as Governor) to serve in Thomson's stead for a Senate term of two years. "Thus," said Lawrence, "the majority of the people of Wyoming, who elected a Republican to the United States Senate, have been deprived of a Senator of their own party and even of the chance to elect one until...