Word: chryslers
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Dates: during 1930-1939
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...promising material. Charles Augustus Lindbergh, 1927 Man of the Year, had become the Victim of the Year in 1932. For the loss of his son & namesake the nation had given him all its sympathy but to him went no plaudits for any new achievement. When in 1928 Walter P. Chrysler became Man of the Year his Manhattan office building was starting to rise as the world's tallest, his Chrysler Motors organized to vie with General Motors. Now the Chrysler Building is overtopped by the Empire State and the automobile industry is pinioned on the rock of hard times...
...Coffers. Last week directors of General Motors Corp. weighed a $4,464,000 third-quarter loss-first since 1921-against $209,098,832 of cash & marketable securities still remaining in G. M.'s fat coffers, then declared the regular 25c dividend. Chrysler Corp. directors, too, balanced a $5,346,146 third-quarter loss against the company's cash & marketable securities of $51,000,000, voted the regular 25? payment. Next day in a radio salesmeeting over a national network Chairman Walter P. Chrysler told his 75,000 dealers and salesmen that the new Plymouth was base priced...
...Treasury Mills ($25,000), Ambassador Mellon ($25,000), Eldridge Reeves Johnson ($25,000), Edward F. Hutton ($20,000), Harvey Samuel Firestone ($12,500), Mrs. Andrew Carnegie ($10,000), Alfred Pritchard Sloan Jr. ($10,000), Harrison Williams ($10.000). John Pierpont Morgan ($5,000), Walter Clark Teagle ($2,500), Walter P. Chrysler ($1,000), William H. Vanderbilt...
...chief candidates within the company, small Vice President Frederick W. Walker, one-time construction engineer, and a salesman named Charles Edgar Albright, who is conceded to have sold more million-dollar policies than any man in the history of life insurance. (Some of his clients: Walter P. Chrysler Jr., Arthur Brisbane, Eugene Meyer, Freeman F. Gosden, Charles J. Correll ["Amos 'n' Andy"], Harry Frankel [Barbasol's ''Singin' Sam"] and many another radio celebrity.) Between the trustees' deadlocked meeting in June and their session last week Candidates Walker and Albright successfully eliminated each other...
Automobile production last week sank to 12,000 units. In Detroit everybody knew that the big producers, their selling season over, were laying 1933 plans. Usually model and price changes are announced at the New York Automobile Show. But last week Walter P. Chrysler jumped the gun and stated that his Plymouth was withdrawing from the four-cylinder field, would come out as a six to sell below the present $700 base price of the four. "The best evidence of confidence we can give" was the way he referred to the $10,000,000 which Chrysler Corp. has spent...