Business & Finance: Young Man Out of Macy's

Sewell Lee Avery, the president of United States Gypsum Co. who was put in as chairman of Montgomery Ward & Co. (TIME, Dec. 7) and then president, has a peculiar way of talking. It is a slow, somewhat sarcastic and testy way. Men who sit with him on his numerous directorates know that before they get down to the agenda they are likely to hear Mr. Avery launch into often irrelevant, always amusing discourse.

Lately Mr. Avery has treated friends to remarks about Montgomery Ward. "It was such a delightful place when I got there," he...

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