Corporations: 1,250 Varieties

"Somewhat better than satisfactory," is the way that Ralph Burt Gookin, president of H. J. Heinz Co., describes the fiscal year that has just ended. Gookin, whom Chairman Henry J. Heinz II picked in 1966 to be the first non-Heinz ever to run the giant Pittsburgh packing company, has every right to be proud.

Sales for the fiscal year were up 6.3%, to $734,365,000. The total brought Gookin closer to his heart's desire of a billion-dollar 1972 sales year for Heinz. More significantly, earnings were up 17%, to $25,274,000; of that total, 43%...

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