EARNINGS: Green Fingers

EARNINGS Green Fingers Westinghouse Electric Corp.'s President Gwilym A. Price reported with a grin last week that although his company's sales had dropped last year from $970 million to $945 million, his net had risen to a new alltime peak of $67 million, a thumping 18% above 1948. Price's explanation: "More efficient manufacturing facilities . . . operating economies, and excellent teamwork."

A onetime lawyer and banker, Price went to Westinghouse in 1943 to handle the company's war contracts, devised so simple a method for terminating them at war's end that it became an industry model. Impressed, the directors made him...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!