Last week the following were news:
¶"There is some indication," said hardworking, stiff-collared George Bucher, former executive vice president, "that the company's business may turn upward in the next few months." So saying, he took office as new president of Westinghouse Electric & Manufacturing Co. Westinghouse Electric (second in size to immense General Electric in the field of electrical equipment) in 1937 showed a $20,000,000 profit, the highest since 1929. But a better basis for Mr. Bucher's optimism was that at year's end Westinghouse had $63,000,000 of unfilled orders, enough to keep it busy for...