Word: alcoa
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Dates: during 1950-1959
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...ELECTRICITY DEMAND has made it the nation's biggest consumer of power, surpassing such big users as General Motors, Alcoa and Ford. Last year AEC burned 18.9 billion kwh, 4% of the U.S. total, expects its demands to grow to 9% this year, and 13% of all power used...
...Mayo (plugging Warner's The Silver Chalice), Judy Holliday (plugging Phffft), Carol Haney (plugging The Pajama Game), and Pinky Lee (plugging himself). Whenever Commentators Francis and Downs ran out of comments-which was frequently-the TV camera returned to the studio for commercials by Tootsie Roll, Crosley, Heinz, Alcoa, and U.S..toy manufacturers. There was not much time left for the parade...
Steel Doldrums. Amid the general rejoicing, there were some groans of dismay. Alcoa was off 11.4%, to $11,525,459. In the chemical industry, American Cyanamid's earnings went up 14%, to $6,434,475, but Union Carbide and Carbon's net slid to $21,342,676, down 19.3%, and Allied Chemical...
...decision that restricted Alcoa's further expansion, Federal Judge Learned Hand tried to set up a percentage chart. Said he: "[Over 90% of the market] is enough to constitute a monopoly; it is doubtful whether 60% or 64% would be enough, and certainly, 33% is not." But many another judge and businessman have disagreed. The confusion over bigness and monopoly started in 1890 with the Sherman Act, the forerunner of all antitrust legislation. Although the act clearly stated that any person "who shall monopolize" is guilty of a crime, it failed to define monopoly. Thus every merger...
Died. Allen Billingsley, 64, since 1928 president of Cleveland's Fuller & Smith & Ross, Inc. advertising agency (accounts: Westinghouse, "Alcoa," Sherwin-Williams), twice board chairman (1939 and 1944) of the American Association of Advertising Agencies; of a heart ailment; in Cleveland...