Word: auto
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Dates: during 1950-1959
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...late, great auto racer...
Sears, Roebuck promoted a package of a 12-ft. fiber-glass or aluminum boat, 7½h.p. outboard engine and 600-lb. -capacity auto trailer. Price: $477, with only $48 down. Rhode Island's Pearson Corp. showed off its 28-ft., six-berth auxiliary sloop, Peerless Triton, priced at $9,750, and Cape Cod Shipbuilding exhibited its 23-ft. sloop-rigged Marlin cruising sailboat, which has done well in midget ocean-racing. For those who want to use boats as homes, Evinrude motors displayed a prototype expand-at-will, fiberglass, aluminum and wood houseboat that floats on pontoons...
Boat sellers also freely borrowed selling tactics from the automen, reminded potential customers that most banks give boat loans as easily as auto loans. They also talked up trade-ins as a selling aid. Last year, when outboard motor sales jumped 24% to a record $254 million, dealers took old models as trade-ins on close to half of their new sales...
...subsidiaries, absorbed them into the main firm. The trend to growth extends beyond iron and coal. Friedrich Flick, a prewar steel baron who was forced to sell off many of his holdings after he was sent to prison as a war criminal, has built a new empire in autos. He got control of Daimler-Benz, joined it with the big Auto Union manufacturer to form Germany's biggest auto moneymaker...
...Stateside immigrant and proprietor of a modest printing and translating office. (Their daughter Marta is now a dancer in Madrid.) In 1931, with insurgent winds blowing all over Cuba, the Times took Phillips on as its Havana correspondent, and Ruby became his legman. When he was killed in an auto accident in 1937, Ruby took over his job. She has reigned since as the only resident U.S. newspaper correspondent in Cuba (although U.P.I, and A.P. maintain one-man bureaus), developing a reputation for balanced, if colorless reporting...