Word: beech
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Dates: during 1950-1959
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...there is a hard core of national brands that the private labels have never been able to copy successfully. These include Campbell's soups, Heinz's Ketchup, Gerber and Beech-Nut baby foods, Betty Crocker and Pillsbury cake mixes, Kellogg and Post cereals, General Foods' JellO, and Hellmann's mayonnaise. Explains Pillsbury Co. Vice President James Rankin: "Where much research, refinement and technology are needed, the private brands lag behind. Because we keep up quality and are always sure of enough research on new products and enough advertising to tell the public about them, we have...
During the first quarter of 1959, Cessna sold more airplanes (958) than the rest of the Big Four manufacturers (Beech, Piper, Aero) together. Today Cessna accounts for 53.9% of this market. This fall Cessna, which now manufactures seven private planes ranging in price from $7,000 to $60,000, will introduce an eighth, the Cessna 210, in hopes of grabbing an even bigger share of the market. The 210 is the first high-wing, single-engine private craft with a retractable landing gear. It cruises at 190 m.p.h. Price: about...
This year, for the first time, Cessna is forging ahead of rival Beech Aircraft ("across the street" in Wichita) as the No. 1 maker of private planes. Cessna announced first-half earnings for fiscal 1959 of $3.92 a share v. $2.45 last year, declared a 25% hike in its quarterly cash dividend to 50?. The company's conservative projection of the year's earnings: $7 a share...
Died. Edward John Noble, 76, upstate New Yorker who pooled funds with a friend, bought the Life Savers Co. in 1913 for $2,900, poked a hole in the candy mints, packaged them brightly, watched his business grow into Beech-Nut Life Savers, Inc. with sales well over $100 million a year; in Greenwich, Conn. Owner of one of the first Autogiros, Yaleman Noble had a lifelong interest in aviation, was made first chairman of the Civil Aeronautics Authority in 1938, also served for a year as first Under Secretary of Commerce. In 1940, Republican Noble quit the Roosevelt Administration...
...tower cleared 72 Bravo for takeoff, and Goldwater lifted the Beech up, over the emerald quiltwork of irrigation land, over the purple Rincon peaks, over the state whose every wrinkle he knows and loves, heading southeast for the first stop of the day in his campaign to defend his U.S. Senate seat against Democratic Governor Ernest McFarland...