Word: chryslers
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Dates: during 1930-1939
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...functionaries who transmit the finished car to the buyer consist of distributors and factory branches selling wholesale and dealers selling retail. There are 45,000 U. S. dealers and distributors, 60,000 repair shops. Ford and Chevrolet each have 10,000 dealers; Chrysler, Plymouth, De Soto and Dodge together have 8,000 distributors & dealers; Buick 3,000. Ninety-seven percent of U. S. towns cannot be worked by a dealer with profit, and 3,627 towns produce 85% of total sales. Cities, ranked by size, are the richest territoric:, A dealer usually sells two used cars for every...
What actually happened is classically exemplified by the stock of Nash-Kelvinator Co. Monday it closed at $10.50. Opening sale Tuesday was at $5. At close it was back to $9.63. Chrysler bounced down to $52.50, back to $61; American Telephone & Telegraph to $140, back to $147; General Motors to $31.25, back to $38.25. On massed selling orders American Rolling Mill opened at $15.50 (down $4.75), closed back at $20.25. Trading volume in the first two hours was 3,890,000 shares, by day's close had reached 7,287,080, greatest since 1933. Fluctuations were the widest since...
Early this week, though steel production dwindled to 52.1%, U. S. Steel perversely led the market back up the ladder, $6.13 up to close at $58.63. Rails were full of vigor, but Chrysler was the most spectacular stock of all, jumping $9.50 to $69.75. Highlight of the 2,000,000-share trading was a 51-minute "reverse air-pocket" during which a would-be buyer of 5,000 shares of Chrysler could find no offering...
...Chrysler comes in two series-Royal and Imperial. Principal change is the abandonment of the Airflow body type of last year, though its engineering principles are retained. The low-price Royal has been lengthened from 116 to 119 in. wheelbase, the Imperial from 121 to 125. Both have larger hydraulic brakes, bigger engines, redesigned hoods...
With the return of these three veterans Chrysler expects to be able to put on an attack which although lacking in the power that his former Tiger elevens have shown will be filled with many razzle-dazzle plays. Another vital cog in the Orange and Black machine is Dick Wells, from Marblehead, whose running has improved greatly in the last week...