Word: auto
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Dates: during 1950-1959
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From industry and government last week came figures to bolster the view of investors that the worst of the business adjustment might be over. Ward's Automotive Reports announced that auto sales in February were up 12% over January, and predicted a 15% rise in March output. Plymouth recalled 7,700 workers previously laid off, but Studebaker, still having trouble with sales, shut down for a week...
FIVE & DIME oil boom is on at Seneca Lake in eastern Ohio since an auto dealer, wildcatting in his spare time, struck oil at 464 ft. So far, local businessmen have put down 30 wells, have 15 more adrilling, and leases on plots are going for as much...
BABY gas turbine, the size of an auto engine but six to eight times as powerful, is being developed by General Electric for the Navy. The small engine will be used primarily to power helicopters, but can also be converted into a turbojet or turboprop for light, fixed-wing aircraft...
FORD bumped Chevrolet out of first place in auto sales during 1953's last quarter for the first time since 1935. Final figures: Ford, 328,306 cars; Chewy, 314,827. Though Ford's lead was due largely to Chevrolet's model change in December, Ford claims it continued to lead the field in January...
Music to the Ear. In Nashville, Algie King, picked up for attempted auto theft six hours after he finished a two-year prison sentence for auto theft, protested that he was merely "listening to the motor...