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...
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