Business: Chemical Combination

For the first time in its 52 years, enterprising Dow Chemical Co. had no Dow at its helm. Dr. Willard Henry Dow, killed in a plane crash March 31, had succeeded his father as head of the business founded on a process for extracting bromine from the briny seas under Midland, Mich. Willard Dow had developed enough new products and processes to make the company the fourth biggest U.S. chemical manufacturer (600 products, $171 million gross and $21 million profit in 1948). Last week the directors picked two men to fill Willard Dow's shoes....