Word: auto
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Dates: during 1950-1959
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Millions of workers promptly took their place in line for wage boosts. Under their escalator contracts, 1,000,000 auto workers are due for an immediate 1?-an-hour rise. Some 2,000,000 other industrial workers under other escalator contracts may get increases within a few weeks. And under the Wage Stabilization Board's new policy of tying all wages to the cost of living, some 60 million other U.S. workers will also have claims to higher wages. To meet the inflationary pressures, some of which were of the Administration's own making, President Truman last week...
Divorced. By Woolworth Heiress Barbara Hutton Troubetzkoy, 38: Lithuanian Prince Igor Troubetzkoy, 39, her auto-racing fourth husband; after four years of marriage; in Cuernavaca, Mexico...
...British auto industry, reported the Yearbook of International Trade Statistics, outfooted U.S. automakers in volume of exports last year by a wide margin. Of slightly less than 1,000,000 cars and trucks exported by all nations, Britain accounted for 540,000, the U.S. for only 260,000. Biggest buyer of British cars: Australia (76,246). Biggest British gainers in the U.S. market: Austin, up 50% to 5,450; Rootes Motors (Hillman Minx, Sunbeam-Talbot...
Kansas City's Employers Reinsurance Co. last week had some gloomy news for its stockholders. In the first six months of 1951 the company lost $2,687,519. Main reason: skyrocketing claims for auto accidents. All over the U.S., casualty insurance companies are feeling the same pinch. In New York, where the bulk of nationwide auto liability insurance is written, casualty insurance companies went $120 million into the red on auto policies between 1946 and 1950. Their deficits last year totaled $11 million, in 1951's first half were still growing...
...changing styles in auto body types has led to the elimination of many choice designs which are still to be found among older cars. The windshield that could be opened is still a fond hope of many, but what about such details as a special compartment to hold golf clubs, such as is found in Packards of the early thirties? The rumble seat, famed in Americana, is now vanished with the cigar store Indian, and the touring car, fabled in our native lore, has folded its side curtains and drifted off into the oblivion of the junk yard, except...